Rather than investing, there are bunch of funny or obligatory things awaiting for college students, like studying for lessons, joining student clubs, having fun and partying, may be finding a part time job etc. However, investing may be the only key factor guiding you to the wealth. Furthermore, being a college student could be an advantage. Because, college students are braver on making mistakes, more open to learning and more focused on winning.
If you are willing to start investing at college, keep on reading the most powerfull and useful investing tips.
1- Do not Be Hasty
The most important thing in investing is being calm. If you make your decisions in hasty way, the probability for you to win decreases as hell. It is important to think, before deciding on investing.
2- Learn About Markets, Socks, Investing etc
As a noobie investor, you must read about investing to create a core knowledge. You can learn from investing guides which are available on the internet. In addition, there are very successfull books and articles that give you tips on how to built an investing strategy, or how to invest in the stock exchanges, what are bonds and other funds, how to make Money fast etc.. If you want to win, you must keep an eye on them.
3- Start Investing First on Demo Accounts
Risk, is one of the main challenge for investors. You must learn what is the risk of your actions on investing and your risk acceptance capacity. To get this experience without loosing your Money, you can use demo accounts that offers you virtual Money and chance to invest virtually. It will help you to understand and define the market, and allows you to see the risks and possible gains more clearly.
4- Create A Portfolio
After understanding the market and risks properly, it is time to invest. First, decide the initial investing amount. Then, find a brokerage firm to create a brokerage acoount for yourself.
After making your first investment, set targets. When you reach your target liquidate your investing. Do not be greedy. Always track your initial investing plan.