Index to follow DJI, NASDAQ and S&P or DJ WILSHIRE 5000

Fran8

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Hi I have read "How to Make Money in Stocks" also I have read "24 Essential Lessons for Investment Success" . In both books they say not to follow many Indexes because it will ge confusing which I completely agree. On the book is recommended to follow the Dow Jones Industrial Average, S&P 500, and the NASDAQ Composite. The question that I have is, will it not be more accurate and simpler to follow the DJ WILSHIRE 5000, since it takes into account every single stock big or small. Please let me know what you think and explained please.
 
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