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re: Money Management as a Student
Posted on 10/1/12 at 1:40 pm to TheOcean
Posted on 10/1/12 at 1:40 pm to TheOcean
Investing it is an option. But without experience and time it will be hard for you to beat a 6.8% IR in terms of market returns. If focus on paying down debt. Plus you gotta consider time value of money thing.
But take a portion of your cash and start a Roth IRA.
But take a portion of your cash and start a Roth IRA.
1
Posted on 10/1/12 at 2:37 pm to greenhead11
11k of the 15k is already invested in stocks (mostly RIG). Made close to 30% ROI last year in investing.
Wouldn't it be better just to use the money to defer having to take more loans out? By my calculations the money should last me another year.
quote:
But take a portion of your cash and start a Roth IRA.
Wouldn't it be better just to use the money to defer having to take more loans out? By my calculations the money should last me another year.
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