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.

By Asa Fitch and George Mannes, Money Magazine

Best long-term returns:<br>T. Rowe Retirement 2045

The current mix of the T. Rowe Price 2045 Retirement Fund (TRRKX) shifts to more stable investments as you get older.

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Goal: Building wealth

Best long-term returns:
T. Rowe Retirement 2045

This target-retirement fund, ideal if you plan to retire in 2045, gives you a fully balanced portfolio that gets more conservative as you age.

The fund currently consists of 89 percent stocks - the bulk of which are U.S.-based - and 11 percent bonds.

Over time the allocation to bonds gradually increases as the stock allocation decreases to reduce risk.

For the prospectus (for this and other target years) go to troweprice.com or call 800-638-5660

What would you do with $5,000?

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