What to do with $10,000?

i currently have $10,000 from my enlistment bonus form the army (i will get more in years to come should total out to be $25,000 after taxes) what should i do with the money i will not invest in the stock market i have though about a roth IRA but thats the only thing i really know all that much about what else could i do with this money so that it can gather interest
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I recommend a CD (Certificate) - (short term). The interest is not great - but you won't lose it - it available in 3 to 6 months if needed - roll them over if you don't.

A Roth IRA is a great investment - (and has many benefits) - but is long term investment. What's your saving account look like? Can you manage through an emergency?

Bonds are good, but mostly long-term. CD's are easy to setup (your on-base Credit Union or Bank) - can start at a small amount of money - usually around $500 on up - and although they are low in interest rate (current economy) - they still make money! However, keep SAVING, SAVING SAVING!!! It is so important - save and build your CD's in a powerful investment - without all the risks of the Stock-Market!

The Roth - you should set this up with a professional - be conservative - and get a small allotment - like $100 per payday - and let it go. You won't miss it and it will grow for many years - and when you do retire you will be thankful you did!

God Bless
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I would buy gold and/or silver coins. Get the ones that you can track easily in the Wall St. Journal such as American Eagle, Canadian Maple Leaf, etc. You can keep the coins in a lockbox at the bank or in a home safe. Whenever you need some money, you can easily cash one or two coins in. The stock market will go down and the USD may falter as there is talk of a new currency (of course I have been hearing about a new currency for 2 decades, the last one is the Amero). You cannot go wrong with gold/silver coins; gold and silver may go down but in the long run they will always go up and up.
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A Roth IRA is only a type of account to put money away for retirement, it is not a saving plan on its own. Within an IRA account, you can then decide how to invest or save, being it bonds, CDs, stocks, funds etc. When you open a Roth IRA account at discount brokers, almost every one of them have questionnaires to let you decide your own risk tolerance, and offer a lot of advice that you can study.
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Put the money into a safe certificate of deposit in a bank. Then take this time to decide and find out for sure what to do with the money. Be careful of financial advisors. There are both good and bad out there. Just be extremely careful of where you put the money, make sure there is no way that you will lose part of it. Make sure you completely understand everything about where you put your money.
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you could also invest in a cd, i would check bank rates for the best rate. if you had an emergency you call always withdrawl some, and always add to it.

good luck to you!
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How bout you mail it out to me ;)
jp
i been thinking of the same thing, i have a few savings n i thought about starting a small business, the problem is what kind of business??
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1. buy an Arabian horse
2. Buy a poster of sunset
3. Score a chick
4. ????
5. PROFIT
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What a great question...I have saved since I was a teen and have lost so much in the stock market that I think I would put it in safe SavingsBonds.
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You could buy yourself a kick@$$ Louis Vuitton Hand bag w/ matching wallet...
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make sure noone steals it!
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send it to me
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buy gold! t-bills