7 Responses

1. RealistCollegeGuy28

   04|Mar|2010 1

   imprinted pens

   Well. this is the time to go into the stock market, stocks are cheap, and they will go back up, honestly I would say put it all in, just make sure you dont buy only 1 stock, spread it around, good luck

2. Kevin

   05|Mar|2010 2

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   None. If any maybe 5k.
   Open up a bank account and enter it into a money market account.
   Don’t wanna lose that military bonus…

3. Kay

   07|Mar|2010 3

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   Put all of your money into military savings guaranteed 10%. Current stock market is so extremely volatile, even people with years on Wall Street are having difficult time making money. Since you are not going to be here to look after your stock holdings, it’s too dangerous to put your money in stock market. No where in the world I know which pays guaranteed 10% on your money.
   Please take care, thanks for serving the country, and keep your money in savings. It will not be too late to invest in stocks after you return.

4. Dave N

   07|Mar|2010 4

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   You should be very aggressive, wait until you leave to invest because the stock market is still going down. Research some good stocks to buy, and hopefully you will make some money

5. leo

   08|Mar|2010 5

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   If you can get 10% guaranteed then I would put all of your savings into that. The stock market on average gains about 10%, but with the current conditions in the market it would be crazy not to take a guaranteed 10%. If you still don’t want to do that I would go with a couple long term growth mutual funds. Don’t invest in a single stock, especially since you will be in Iraq and probably will not have a lot of access to make changes.

6. Mr. Peabody

   09|Mar|2010 6

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   About as aggressively as you’d swim into shark-infested water. Surely you have an older relative you could ask for advice.
   The day to invest in the stock market is when the bottom has been reached. Unfortunately, it is impossible for anyone to predict when that will happen.
   A rule of thumb about the stock market: Only invest what you can afford to lose.

7. robe

   09|Mar|2010 7

   start an online business

   Be aggressive

   My recommendation would be to go with CGMFX managed by Ken Heebner. If you study his last 10 years of returns - whether tough or strong markets, you’ll see why.

   Thanks for your service in Iraq.