investing while in college?

southpasdena
Tue, 04 Sep 2007 14:59:34 +0000

penny stocks are plain stupid, pure gamble and for those that have not played with them before or have someone assisting that has, then they should stay away.

Open a discount brokerage account (regard below first) and choose four or five stocks (diversify) and invest. Long term over short term.

for example

RIMM
AAPL
YHOO
EMC

obviously this list is not DIVERSIFIED, but it gives you an example of 4 stocks that are doing well, would put you in a position so that you would be partially risk adverse - and due to this you will be able to concentrate on your studies.

And until you decide, just leave the money in high yield savings account

I suggest etrade for now because you will get 100 free trades with a min of 1000 deposit and instead of level ll, you get nasdaq total view

oh and dont pick all tech