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
These 10 food trends could dominate 2015 So long, kale. Here's what's expected to shake up the food industry next year. More
Beyond Russia: Geopolitical hot spots in 2015 Investors beware: These 5 global crises are likely to rattle the stock market and world economy. More
These 20 antique guns could fetch big bucks Morphy Auctions in Pennsylvania is putting nearly 1,000 old guns on the block. Here are just a few. More

Special Offer

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.