Since you are making an investment, i would recommend you to wait for 15k (like jayanth said) and buy a really good guitar... no point in buying an avg quality now and 5-7 yrs down the road having to buy another better one.
Also, buy the guitar which suits the sort of music you will play... I usually prefer metal which tends to be a bit melodic and somewhat heavy or power or speed and rarely thrash... So, I bought myself an Ibanez prestige Vai model...
If you prefer finger picking and rock n roll or something like that you should buy fender strat. Gibson usually caters to all needs but its expensive.
The words of a banished king
"I swear revenge"
Filled with anger aflamed our hearts
Full of hate full of pride...
Oh, we screamed for revenge
- Blind Guardian (Nightfall)