Abstract: A portable holder for a hand held type electric soldering iron which iron includes an insulated handle, a heater section and a bit. The holder includes a first support and a bit support supported in spaced relation on a base. The first support and the bit support are adapted to support an iron in a first position wherein the iron is in a stand-by or storage position with the bit in the bit support. The bit support has a shield of material to inhibit air flow about a bit contained therein. The bit support is constructed such as to prevent direct accidental contact with it. A second support spaced from the first support is with the first support adapted to hold an iron in a second position wherein the iron is held in an operable soldering position. The base is provided with a plurality of peripherally located posts about which the electric cord of the iron may be wrapped for storage.