20 year old college student no bills decent part time job how to invest my money ?

I want to know how i can invest my money to make money i would like options

--Stay with the no debt modus-operandi--forever;
--Put your money in a high yield CD until you learn how to invest in the stock market, commodities market, futures market, real-estate, bond-market or wherever;
--Use the vast rescources of your school's library to begin learning how to invest as an adjunct to your major;
--Purchasing stocks is probably the surest and simplest way for returns over and above inflation;
--Once you have a working knowledge of stocks, begin to invest diligently. You can start a brokerage account on-line with very little money and trade right from your computer in between classes if you are so inclined;
--NYSE listed stocks are higher priced stocks (most share prices start in the double-digits) that often require substantial initial investment to be worthwile, therefore look into NASDAQ (Microsoft and Intel trade on this exchange) listed stocks to get your feet wet becasue they are lower priced.

NASDAQ has three distinct categories, the over-the-counter stocks often trade for LESS THAN PENNIES. Penny stocks (per share value under $5) are very risky so do due dilligence!
--Mutual funds do the work for if you are less inclined to research companies or investment vehicles on your own. Similar to investing yourself, you open an account, provide the money, and the fund managers decide where to put it based upon whatever criteria you agreed on.

Where you are in your life right now, I would urge you to open a CD as you learn to invest for higher returns on your own. Make it a research project for yourself. Even if you are less inclined to invest yourself but would rather give the authority to a mutual fund manager, he or she is investing in the exact same things as you would be doing on your own. It is better either way to know exactly how your money is being invested.

--Tip--
Sirius and XM Satellite Radio will merge within the next 5 months. Sirius is about $2.90 a share; XM about 11. When they merge, provided the Dept of Justice and the FCC approve it (they will), the stock may go as high as $25 per share or higher. Start researching these companies right away. Even before researching, take the plunge and invest $2900 + about $7 - 15.00 in brokerage fees for 1000 shares of Sirius right now if you can afford to lose it. DO THIS ONLY IF YOU CAN AFFORD TO LOSE IT!!!!!!

While you are there in school, find out where it invests those tuition dollars.

Good luck to you.
Study hard and don't hold too-tight to your money.

Options are more difficult to understand. You should make sure you thoroughly understand the concepts and terms first. Go to the link below to learn the basics and different ways of investing, then contact a financial planner or your banks securities division to decide exactly where to invest and what best fits your needs (high or low risk? easy liquidity? length of investment?).

Money Market account, CDs. You should go talk to a business/finance professor.

What do your parents suggest?

You can open an free Marketiva forex online trading account , 5 USD live fund and 10000 USD virtual fund already in your account.!
Open an free account and get $5 reward!
http://www-forex.spaces.live.com

Look into some mutual funds. There are many good financial investment companies that are well known and well respected. Fidelity is one, but I'm sure there are many others.

The mutual fund manager is in charge of keeping the allocation of stocks and bonds in line to provide the highest return.

Usually, I donâ€™t care to begin an answer by asking a Q, but with your particular Q, Iâ€™m a little confused. Are you referring to â€œoptionsâ€ as in choices? OR do you mean â€œoptionsâ€ as in trading stock options?

I think youâ€™ll get a more defined response and a more focused response when you make the distinction.

Thank you for asking your question. I enjoyed taking the time to answer your question. You did a great job - not only for your information, but for every other person interested in reading my answer.

I wish you well!

VTY,
Ron B.

If you are thinking that it is time to create some extra income from the internet, congratulations. The best thing working from home is that, we can either work part time or full time.I believe you will find the online job that you love the most.

Enter Your Message or Comment

User Name:
User Email:
Post a comment:

Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.054
Copyright (c) 2011 Financial Crisis Monday, May 28, 2012 - Terms of use - Privacy Policy