Where to put $5,000 now

What would you do with a million bucks? That's easy. But what about five grand? With a handful of broad goals in mind, here are Money Magazine's picks.

Best career moves:<br>Hire a mentor
Goal: Building wealth
Best career moves:
Hire a mentor
That's right: Pay someone who has occupied the job you ultimately want - preferably a retired legend who has no axes to grind - to meet with you every couple of weeks.

You can find potential mentors at industry conferences or through your professional association.

Your mentor shouldn't be a friend, lest things get awkward, but she can be a powerful ally, using her industry contacts to help you out.
If you see a mentor twice a month at $100 an hour, $5,000 will pay for more than two years of help. By then, you shouldn't need one anymore.
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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.