/biz/ - Business & Finance

I’m in the Army and have been hoarding my money ever since I enlisted. I’m at $21,000 in my savings right now and have zero bills except car insurance and cell phone. My question is what should I do with my money? One of my guys talked to me about dropping it on mutual funds with eTrade. Now, I’m fucking stupid finiancially. As you can see, I’m hoarding money in a savings account that gives me 20 cents a month in interest. Any advice? Should I drop $10,000 into mutual funds and except 7-8% over the year? I plan on adding $1,500/month to that.