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Learning to Invest / Investing Beginners
|Subject: Re: Investing $5000 advice||Date: 9/18/2012 10:31 AM|
|Author: philippalmer||Number: 26197 of 27465|
Being military, and I understand you have recently returned from deployment, but next time you go out, think about the savings deposit program. Your personnel office could give you the details. You can deposit up to $10K and get a guaranteed return of 10%.
As far as what to currently do with the 5K, I agree with Paul, get into equities, time is on your side. There are some solid Dow stocks that pay good dividends that are fairly safe investments, as far as capital preservation goes. I would look at stocks like MCD, COH, AFL, KO and the like.
Welcome back and glad you made it home safely. Thank you for your service.
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