Originally posted by aux
roth ira?
roth ira is a retirement plan. you can only put in around 2k a year though and you can only take it out to buy your first home.
Originally posted by rajc007
US Treasury bonds
us treasury bonds are a minimum $10,000 investment. they have a great return rate, but it takes money to make money.
personally i's sink it into the stock market now while stocks are low. you can't go wrong with big name insurance companies. they had to pay out a lot after 9/11 and they took a pounding on the market, however, the larger companies(prudential, state farm, etc...) will rebound to the value they were before if not more.
the one thing to remember about stocks is that if you don't sell for a loss. then you haven't lost anything.