> I'm a college student looking to invest in stocks. Where do I begin?

I'm a college student looking to invest in stocks. Where do I begin?

Posted at: 2014-12-05 
There are many people just like you that are, or were looking to invest and those that did bought Mutual Funds and/or Exchange Traded Funds (ETFs). One purpose of mutual funds is to help investors like you, who are either just entering the investment world or who have no investing experience. Once you feel you at least have an understanding of investments you should look into ETFs which are similar to mutual funds but are traded on the exchanges.

Mutual Fund companies as well as ETFs and Master Limited Partnerships have an entire array of products many will fit your needs. Read about the various products and in doing so you will be getting investment ideas and at the same time educating yourself about investing.

You could also contact the funds companies for more information. I have found that Vanguard (http://www.vanguard.com/) & Fidelity Investments (https://www.fidelity.com/)

can meet your needs for mutual funds. The service and information they provide is all free and you will find it helpful. You can also read about Master Limited Partnerships at “the Dividend Detective” http://www.dividenddetective.com/

Regardless of what you decide, do not ever let anyone tell you not to invest, especially those that do not invest themselves.

Good luck on your journey

Many companies offer "dividend reinvestment plans" which automatically buy more shares (or more accurately, fractions of shares) with the dividends on shares you own, and this is a terrific way to 'get started'...the problem is that you must OWN at least one share to enroll in most plans...

There is an organization called "Temper of the Times" that will allow you to buy single shares of such companies, but (of course!) there's a catch...you must subscribe to their magazine & service...

That said, it's a VERY good deal if you don't have a huge amount to invest and want to begin investing...

Before you invest in shares you should pick out several different stocks you think would be successful and watch them for over a year. Record their highest value and their lowest value, and most likely the amount between those highs and lows would be the amount of money you make. Usually people buy stocks at their lowest value, and when their value raises they sell their stock. But one thing not a lot of people do is buy a stock without the intention of selling it for a long time. Say I buy a stock and I decide I'm not going to sell it when I think it's reached value I think would be satisfactory, in the future that stock could be worth more than what I was originally going to sell it for. Study the stock market. Talk to a few people who have known the stock market for awhile. Be patient.

I want to invest some of my savings money so I can better afford to move out of my parent's and go back to school for my medical degree within this year (within the next 6 months).

Where do I begin? What company is best to invest with for starters? Any book I should read that will help me figure out how to go about this? IS THERE A COMPANY OR PERSON I CAN GO TO THAT WILL HELP TALK ME THROUGH THIS?

I've been considering this for 3 months, but just now desiring to act upon it after doing some budgeting.