Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

10 of 10
BACKNEXT
Jarret Izzo, 25
Jarret Izzo, 25
Jarret Izzo is a musician in Boston.
Portfolio allocation: 80% stocks, 20% bonds

The recession changed my thinking on investing, saving, and personal finance. I know too many people at or near retirement age that are on very shaky ground. A dollar saved at my age has a much greater earning power than one put away when I'm 40.

My investing time horizon is sufficiently long, so I can tolerate risk. I got into the market in 2008 with $1,000, and added another grand every few months. I'm up now to where I could probably buy a small car, but I'm going to keep investing. I also hold some Treasury bills and am invested in a money market fund.

The only second thought I have is, 'Why didn't I invest more?' I'm not looking to get rich quick, and day-to-day movements don't startle me. I have faith in the economy, plus retirement's a long time away for me.

More galleries

Last updated September 06 2010: 3:43 PM ET
More Galleries
Best places to retire abroad in 2017 The top 10 places to retire overseas include beautiful beaches, cozy towns, and the best food you will ever eat -- all for half the cost of what you may pay in the U.S. More
Best business class airline lounges around the world Between August 2015 and May 2016, Skytrax surveyed over 19.2 million customers to find the best airline lounges. Here is what they found. More
What Boeing's new 737 Max 9 has under the hood Boeing unveiled its new, longer 737 Max 9 airliner earlier this month, the second member of the updated single-aisle jet family. The first aircraft will deliver to airlines starting in 2018. More

Special Offer