Comment I was just there (Score 1) 740
As a recently graduated college student who was just played that same wonderful game...
1) Stocks are bumby now, they may be in the future. Over the long term you will make the most money by intelligently picking stocks. DO NOT TRY THIS. If you fuck up, your out money at an interest rate that will hurt. If you do want to play the market, you need to intelligently pick your stocks. To do that requires time and research students don't always have (Exam time?). If you want to, Read a beginer book like Jim Cramer's Real Money (Note: He is a polarizing figure), Then read an advanced book like Benjamin Graham's The Intelligent Investor. Then you might have a shot at beating the bank's interest rate.
2) The other way to play the stock market is to jump into a mutual fund. The exposure of stocks, with the saftey of diversification and profesional help. I recomend finding a mutual fund that tracks an index, like the S&P500. Hell, Pick one or two well respected investment firms, like Fidelity or Wachovia, and say "I have $ that I would like to invest, closing [day your interest payments start], What can you do for me?" Make them want your money.
3) Real estate is hard, takes time, and that cycle of the economy is played out.
4) Gold may have peaked, and may fall in value.
Good Luck.
1) Stocks are bumby now, they may be in the future. Over the long term you will make the most money by intelligently picking stocks. DO NOT TRY THIS. If you fuck up, your out money at an interest rate that will hurt. If you do want to play the market, you need to intelligently pick your stocks. To do that requires time and research students don't always have (Exam time?). If you want to, Read a beginer book like Jim Cramer's Real Money (Note: He is a polarizing figure), Then read an advanced book like Benjamin Graham's The Intelligent Investor. Then you might have a shot at beating the bank's interest rate.
2) The other way to play the stock market is to jump into a mutual fund. The exposure of stocks, with the saftey of diversification and profesional help. I recomend finding a mutual fund that tracks an index, like the S&P500. Hell, Pick one or two well respected investment firms, like Fidelity or Wachovia, and say "I have $ that I would like to invest, closing [day your interest payments start], What can you do for me?" Make them want your money.
3) Real estate is hard, takes time, and that cycle of the economy is played out.
4) Gold may have peaked, and may fall in value.
Good Luck.
