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Best Investmen Options for a College Student

Posted on 11/3/10 at 10:53 am
Posted by The Sundance Kid
Park City, Utah
Member since Jan 2010
685 posts
Posted on 11/3/10 at 10:53 am
What are some realistic and lucrative ways for a college student to invest his money for both longterm and shortterm benefit?
This post was edited on 11/3/10 at 11:24 am
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 11/3/10 at 11:06 am to
Sorority girl whose dad owns the Fortune 500 Co. ... get after it.
Posted by philabuck
NE Ohio
Member since Sep 2008
10379 posts
Posted on 11/3/10 at 11:17 am to
quote:

What are some realistic and lucrative ways for a college student to invest his money for both longterm and shortterm benefit


If you have loans, pay em off.

Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 11/3/10 at 11:26 am to
quote:

Sorority girl whose dad owns the Fortune 500 Co. ... get after it.


I've seen this work for a few buddies. TFM.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 11/3/10 at 11:29 am to
+1. Meanwhile I struggle with the leftovers. Clearly didn't have my priorities in line. Bastards.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 11/3/10 at 12:10 pm to
quote:

I've seen this work for a few buddies. TFM.



It usually ends in divorce within a year, but that 6, 7 months must be one hell of a joyride.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 11/3/10 at 12:11 pm to
quote:

+1. Meanwhile I struggle with the leftovers. Clearly didn't have my priorities in line. Bastards.



I agree. The daughters of mere COOs and CFOs just isn't as fun.
This post was edited on 11/3/10 at 12:12 pm
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 11/3/10 at 12:12 pm to
As long as you're in with the old man, it doesn't matter. Chicks = dime a dozen. Cushy wealthy family business jobs = not.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 11/3/10 at 12:13 pm to
quote:

As long as you're in with the old man, it doesn't matter. Chicks = dime a dozen. Cushy wealthy family business jobs = not.



Posted by The Sundance Kid
Park City, Utah
Member since Jan 2010
685 posts
Posted on 11/3/10 at 4:08 pm to
Thanks for the sound advice.
Posted by ItNeverRains
37069
Member since Oct 2007
25445 posts
Posted on 11/3/10 at 4:47 pm to
physical silver
Posted by barry
Location, Location, Location
Member since Aug 2006
50342 posts
Posted on 11/3/10 at 4:59 pm to
quote:

What are some realistic and lucrative ways for a college student to invest his money for both longterm and shortterm benefit?


Serious answer, major in something that will actually be helpful and not some bullshite that won't get you a job.

As far as the stock market, if you don't have a lot of money buy one or two stocks. Learn everything about them. What makes them tick, their tendencies, where they have been, where they have gone. No you won't be diversified and you may lose a little bit of money, but the lessons you will learn will come in handy later down the road.
This post was edited on 11/3/10 at 5:01 pm
Posted by kfaulk03
Baton Rouge
Member since Feb 2007
1480 posts
Posted on 11/4/10 at 4:03 pm to
ETFs
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 11/4/10 at 4:13 pm to
quote:


Serious answer, major in something that will actually be helpful and not some bullshite that won't get you a job.

As far as the stock market, if you don't have a lot of money buy one or two stocks. Learn everything about them. What makes them tick, their tendencies, where they have been, where they have gone. No you won't be diversified and you may lose a little bit of money, but the lessons you will learn will come in handy later down the road.


Solid, on both points.

Investing in yourself by using some of your money to allow you the freedoms necessary to gratuate in business/engineering would definitely give greater expected returns than anything in the stock market.
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