8 of 10
BACKNEXT
Kora Kilpatrick, 22
Kora Kilpatrick, 22
Kora Kilpatrick is a recent graduate of Gonzaga University and is interning at a Department of Energy site in Hanford, Wash.
Portfolio allocation: 70% stocks, 20% bonds, 10% cash

After I graduated in May, I divided my savings into a personal investing account and a Roth IRA. With my Roth IRA, I've been pretty cautious and have only invested in a money market fund because I don't want to be too risky with my retirement savings. But for my personal account I used an online tool to figure out how to allocate my money more aggressively. I figured that even if I made a few mistakes, it would serve as a good learning experience.

I'm mostly invested in international and large cap stocks, and I made my picks by looking at what some of the top holdings were in high-rated mutual funds -- I don't have the the minimum amount to actually invest in a mutual fund. I also have some funds in a high-yield municipal bond exchange traded fund, and a bit sitting in cash. My account is down about 9%, so that's been discouraging. But instead of getting out, I'm waiting for the economy and the market to turn around, and then I'll invest the remaining cash too.

My fear is that if I leave now, I won't know the right time to get back in, and I'll have to pay extra fees to do all that. My current strategy is to ride it out, and not buy any new stocks until my account start to bounce back.

NEXT: Brian Higgins, 31

Last updated September 06 2010: 3:43 PM ET
More Galleries
17 cool gadgets that tease the future Smart telescopes, surveillance for dogs, an electric roadster and more from CES 2018. More
These 12 airplane beds let you really sleep on a flight For the price of a premium class ticket, you may just get a space that's comfortable, private, and quiet enough to ensure a good rest. More
CES 2018 kicks off with oddball gadgets The biggest tech show of the year opened with a collection of quirky gadgets. More

Special Offer