Student Investment options
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Thread created 06-06-2011 by shootkey
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Hi,
Two questions:
1. What are my feasible investment options if I can invest about $100-$200 per month? This is given my withdrawal frequency will be max once a year.
2. What would be a...
Student Investment options
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Thread created 06-06-2011 by shootkey
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17 Replies
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I was going to suggest you save and then start an IRA (Some require a starting balance of $1000) but since you want to do short term and be able to withdrawl that wont really work. With rates so...
Student Investment options
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Thread created 06-06-2011 by shootkey
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penny stocks.
Student Investment options
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Thread created 06-06-2011 by shootkey
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17 Replies
2,246 Views
CD's will get you about 1-1.5% for 1 year.
The problem with those is that you pay penalties for early withdraw and I don't think you can continuously add money. I saw an ad on Sallie Mae for a...
Student Investment options
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Thread created 06-06-2011 by shootkey
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Bingo,
Think about (assuming you have loans etc.)
Even if you invest and get a decent 5-8% rate of return on a mutual fund or something stock related your interest rates on your loans or...
Student Investment options
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Thread created 06-06-2011 by shootkey
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17 Replies
2,246 Views
:nono2:
Student Investment options
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Thread created 06-06-2011 by shootkey
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17 Replies
2,246 Views
More stocks less bonds, cds, t-bills.
Student Investment options
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Thread created 06-06-2011 by shootkey
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17 Replies
2,246 Views
The dollar is losing value at a greater rate than you can offset with any interest rate. Sure, you might see a very small nominal increase of your $3k after a year, but what you will be able to buy...
Student Investment options
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Thread created 06-06-2011 by shootkey
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Investment options? If by feasible you mean you don't want to lose any money, then none really. But, you could save the money in CDs.
Student Investment options
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Thread created 06-06-2011 by shootkey
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17 Replies
2,246 Views
How is that investing? :lol:
Student Investment options
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Thread created 06-06-2011 by shootkey
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17 Replies
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"expose that amount to more investment risk for the short term" >> How? :)
Student Investment options
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Thread created 06-06-2011 by shootkey
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17 Replies
2,246 Views
I'd say an index ETF, especially if you can trade them for free.
Student Investment options
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Thread created 06-06-2011 by shootkey
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A. http://www.findacreditunion.com/
B. Not really. If your window was closer to at least 5 to 10 years, then yes, it would increase your investment options.
Student Investment options
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Thread created 06-06-2011 by shootkey
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17 Replies
2,246 Views
pay off credit card debts,car loans etc
Student Investment options
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Thread created 06-06-2011 by shootkey
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17 Replies
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Thanks for the replies everyone. No debt at the moment, always pay off credit cards on time and trying to make the best use of the extra money I have right now. I was actually looking for two...
Student Investment options
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Thread created 06-06-2011 by shootkey
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There is not indication that the OP has significant debt. Even if they did, sometimes starting early with investing is a good way to get experience. I know that I dabble in investing a bit, even...
Student Investment options
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Thread created 06-06-2011 by shootkey
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if you are in debt, and most students are, why would you want to invest?? most likely the interest that you pay on your debts (and the credit cards are the worst) will be higher than what you will...