While the government’s decision to hand out money to over 130 million American families this week can be debated from numerous angles, it doesn’t change the fact that most of you have money headed your way. The government is hoping that you will spend this money to “stimulate” the economy. As a 20s Money reader, you know that this is an opportunity to continue to position yourself for a better financial future.

As a young American, it has never been more important to position yourself early to fight for your future financial security. This rebate check is a fantastic opportunity to make some progress in that area of your life.

While “positioning” yourself for a bright financial future will look different for each person, consider the following options: pay down your debt, start your emergency cash fund, or put the money in a Roth IRA. All three options are better than buying another iPod (how many iPods do you have now?).

If looking to add to your investment account, consider positions in the following low risk, great companies.

• Altria (MO)
• General Electric (GE)
• Wal-Mart (WMT)

All three companies will perform in a down economy and all three have decent dividend yields. Saving money early combined with building positions over time in solid, long term positions is the path to a realized retirement in your life. Pay your future self with that rebate check instead of purchasing a consumer product that will be outdated in a year.

Have any suggestions for long term positions for other 20-somethings? Join the discussion. Add your comments below.

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