BUY STOX I WILL BORROW SHARES TO SELL TO YOU

I would say pay off some of your student loans. You never know what tomorrow will bring
you. I was in a Taco Bell drive up window. I had my car shut off and was leaning to the
otherside of the floor board putting my lunch down, I was going to go back to work.
Someone rear-ended me and broke my back. I was out of work for years and lost my house,
car and got rid of my hubby. I was broke..of course her insuance was only 15k. I started
learning to trade options and that is what saved me. Pay off most of the loan. be safe

keep reading and the market will slowly come to you. education is the key. just like
being a lawyer the more you learn the better you will be. only when you feel that you are
ready then proceed. take little steps first so you can gain experience. there is a lot to
learn so take it slow. good luck.

pay off the loan. it will be a handicap when you get married and want to buy a house.
you have money now because you are single. when you get married all your money will
disappear. the loan and payment will be taken into consideration by the mortgage company
as to how much money they will loan. pay it off now while you can. it can never be
discharged by bankruptcy. it is a debt and you have the ability now to pay it off. it
will be a burden until you do. you will not be debt free until you do.

Absolutely don't pay off your loan. Just make the scheduled payments. You're fortunate
to get cheap 3% money. I'm sure you can find something safe (even CDs will do better)
that pays more. Enjoy your profits.

80K @ 400/month = 200 payments....that's 16.6 years to payoff the loan.

I appreciate all of the insight thus far. Certainly some great stuff for me to consider.
I agree that I should have posted my student loan info to begin with. My student loans
sit at around 80k and I was fortunate enough to have them locked in at 3%. My monthly
payment is around $400/month. Hope that helps. Keep the advice coming. I just finished
reading Stay Mad For Life and really enjoyed it. Now on to Investing for Dummies :)

Last edited on: 01-09-2008 05:13 pm

my advice is to post your student loan's interest rate and amount and people will be able
to give you much better advice. the last time i advised a friend, his loan interest was
8%!! around prime... much better paying off those. and if you want to speculate or are
interested in learning how to invest, i would play with some. congrats, you're way ahead
of most people.. good luck.

Don't invest all of your 100k in stocks. With a recession looming, the market is very
volatile and not a good environment for noobs or unlucky investors. Wait awhile.

If you already have a 401(k), max out your contributions. Put alot in an ING Direct
account which has great interest rates. Look at some mutual funds, CDs.

But do research on market, read books on investing or talk to people who invest. Keep up
with market news. You have all the time in the world.

Jim's latest book, Stay Mad For Life, is a must read. He has many great ideas for someone
like you.

Don't be in a hurry to pay off your student loans. If the interest rate is less than you
can get on a CD, pay them off slowly, invest in CDs, and pocket the difference. Also,
invest up to the match in your 401(k), so you get your employer's free money, and the
balance in an IRA.

Follow your gut. Put 80% in CDs and 20% in a Mad Money account. In the Mad Money
account, put 1/2 in a total stock market index fund and the other 1/2 in stocks. Then do
your homework - stockpickr, Mad Money, CNBC, Bloomberg - and diversify into 5 stocks.

You're in great shape financially and have an excellent chance to build a huge nest egg.
Best of luck.