investing money while in college
(U-WIRE) RADNOR, Pa. - Most college students must take out loans to pay for their education. Therefore students should have some sort of investments to help them pay off their loans or even help them in the distant future.Students today are living in a world where a college education is both necessary and extremely expensive. Although most colleges offer many grants and scholarships to aid its students, there are still many students who have to take out loans to cover the rest of the tuition, room and board costs.After graduation, students not only have to worry about finding a job, pay off their loans and find and pay for a place to live but they also have to start planning their retirement funds. It is a well-known fact that by the time today's college students are old enough to collect Social Security, the funds that will be given to them will not be substantial enough to support the person's lifestyle.Due to all of these factors, it is important that students start investing money. There are several ways to do so. Some methods could potentially provide more earnings than others. However, those methods are usually more risky than the ones that give you a lower return on your investment.A couple of ways to invest money that are less risky than entering the stock market are bank accounts and savings bonds. A savings account is going to earn the owner of the account minimal interest while most banks require a minimum balance of $300. If the balance falls below the $300 mark, the owner of the account will actually be charged additional fees.Banks also provide money market accounts. Money markets require a higher balance than savings accounts, but the owner of the account earns a higher interest rate on their funds. The minimum balance for these accounts can be anywhere from $1,500 to $5,000. If the balance drops below the minimum balance, a $20 fee may be incurred.Many students are given savings bonds when they are young. They are usually bought at half of the face value on the bond and over a period of 10 to 20 years the bond eventually reaches its face value. If the bond is not cashed in when it reaches face value, it will still continue to gain interest. Bonds do not drop in value. However, the interest rates on them do vary from time to time. They are considered a safe investment but are also slow to increase.Stocks are an extremely risky investment. An investor should be well-educated in the stock market before jumping into it. Cabrini College Assistant Professor of Finance Mary Harris warns: To make a profit in the market, you want to 'buy low and sell high,' but t
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Investing should be Child's play
Toronto Star, Canada -
Invest on a good education and your future earnings can exceed the start-up costs. And with the myriad of costs and hidden expenses of university or college ...
Where else can I put my money?
Mirror.co.uk, UK -
But you can cash in with a smaller investment by scouring college degree shows and snapping up works by young artists. David Lee, editor of art magazine ...
Concern for UK's education standing
The Press Association -
... from other nations who were investing more money in higher education than the UK. Dr Wendy Piatt, director general of the Russell Group, said while they ...
British universities slide in annual world ranking list
Four Scottish universities named among best in world
University slips down world table
Montana governor's race features old foes
The Associated Press -
Whereas Schweitzer's tax rebate went to homeowners, Brown contends commercial property owners need a break, too, so they can invest more money in their ...
Market simulation games promote education, fun, sense of community
Canada.com, Canada -
Instead of people depositing real money we create a fictional account for them,'' explains Berger. But while simulation games are an excellent educational ...
Q&A: Scared investors get help from financial advice hotline
USA Today -
If you're still investing in the 529 plan, you can reduce your risk through dollar-cost-averaging. With that strategy, you invest a small amount of money in ...
Funds' Flight From Commercial Paper Forced Fed Move (Update1)
Bloomberg -
The funds may invest only in top-rated securities that mature in 13 months or less. While money funds were selling commercial paper in the past few months, ...
Ohio investment funds take hit
Akron Beacon Journal, OH -
The state's CollegeAdvantage fund, which holds college tuition investments, is down 7 percent for the year. The fund that pays unemployment benefits to Ohio ...
BCC panel: Economy will eventually recover
Press & Sun-Bulletin, NY -
"This is the greatest time to invest if you're not going to be needing your money in the short-term," Wood said, adding that investors can buy shares of ...
John McCain's options narrow on the electoral college map
Los Angeles Times, CA -
Once Republicans start investing money and resources, those states "will snap back aggressively in our favor," said Greg Strimple, a McCain advisor, ...
