How to invest as a college student?

College student investment ARC Workshop for BUS By Yun Xu Student investments • How to invest your money during college? Getting ahead financially before even embarking into the real world of work, mortgages and student loans can be a great way to jump start one’s finances. Investment methods • Savings Accounts • Business investments • Stocks • Bonds • Real Estate • Commodities • Foreign Exchange investment Saving account • Easiest way with little efforts • Low risk • Small profit Business investment • No set way • Invest another person’s business as a partner, or loan startup capital stocks & bonds • Stock: share or certificate of ownership in a company or business • Bond: a loan attained by

a company or government. They pay back borrowed money plus interest. • Trade stocks or invest in bonds with laptop and internet connection • Web-based investment companies offer 24 hours access to trading and accounts Real estate • Purchase a house as an investment and rent it out to people • You expect the value of the house to grow Commodities • Invest in precious metal such as gold, silver or crops such as coffee, sugar, and wheat through the futures market, exchange trade funds, stocks, mutual funds, and futures contracts Foreign exchange investment • Invest in foreign currencies like the Euro, the Yen, the Peso through banking institution or Forex Investment tips! Start small In order to begin investing money for your future, it’s not necessary to have a lot of money, but you shouldn’t neglect paying bills to do it. If you manage your money well, you should be able to set aside a few dollars from each paycheck for investment purposes. Doing this will benefit you in more ways than one. First of all, the money that’s invested will earn you more money if you do it right, and the lessons you learn from investing now will serve you well for the rest of your life. Even if you end up losing a bit of money in the beginning, you should be able to determine whether or not you made a mistake in your investment strategy, and if so, how you can avoid doing it again. Invest regularly It’s important that you develop an investment plan that will allow you to set aside a few dollars on a regular basis. Sticking a few bucks here and there into stocks or bonds most likely won’t earn you a good return, and isn’t a sound investment practice. Instead you should invest regularly by allocating a certain amount of money from each paycheck, even if it’s not very much. When setting up your investment account it’s important to make sure you won’t be able to touch the money easily–it could be too tempting to take out a few bucks now and then to buy tickets to the big game or a getaway at spring break. A sound investment strategy is called for–one that will hopefully grow consistently. Invest clubs If you know other people that are interested in learning how to invest wisely, it may be a good idea to...

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