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
10 of the best beaches near airports Wait out your layover in the transit lounge? Or grab some sun, sand and surf? More
World's Top Employers for New Grads For an exclusive CNNMoney list, research firm Universum Global surveyed business students at colleges around the world to see where they most want to work. More
A White House press briefing as told by CNN's sketch artist The White House started banning cameras during some briefings, so CNN sent in sketch artist Bill Hennessy. More

Special Offer