<ARTICLE> 6
<CIK> 0001056707
<NAME> DREYFUS INVESTMENT PORTFOLIOS

   <NUMBER> 010
   <NAME> EMERGING MARKETS PORTFOLIO
<MULTIPLIER> 1000

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               JUN-30-2000
<INVESTMENTS-AT-COST>                             2175
<INVESTMENTS-AT-VALUE>                            2110
<RECEIVABLES>                                        9
<ASSETS-OTHER>                                       0
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<SENIOR-EQUITY>                                      0
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<SHARES-COMMON-PRIOR>                              160
<ACCUMULATED-NII-CURRENT>                           16
<OVERDISTRIBUTION-NII>                               0
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<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          (65)
<NET-ASSETS>                                      2087
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<EXPENSES-NET>                                      21
<NET-INVESTMENT-INCOME>                             16
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<APPREC-INCREASE-CURRENT>                        (241)
<NET-CHANGE-FROM-OPS>                            (162)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          (4)
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<NUMBER-OF-SHARES-SOLD>                             15
<NUMBER-OF-SHARES-REDEEMED>                        (9)
<SHARES-REINVESTED>                                  0
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