Comments on: Investing Tips For Young People– What You Should Consider http://studenomics.com/investing/gpinvesting-for-young-people/ Fri, 10 Feb 2012 02:51:25 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: myfinancialobjectives http://studenomics.com/investing/gpinvesting-for-young-people/#comment-25845 myfinancialobjectives Sun, 28 Mar 2010 21:22:27 +0000 http://studenomics.com/?p=4141#comment-25845 Nice Sum up! BibleDebt, I like what you said about living like a college student after college to pay of debt, very wise point to add. I would like to try my hand in the real estate market. I think it was Rich Dad Poor Dad I was reading a few years ago and Donald Trump talked about the different levels of investments. Real estate was the highest, or the best potential return. Nice Sum up! BibleDebt, I like what you said about living like a college student after college to pay of debt, very wise point to add.

I would like to try my hand in the real estate market. I think it was Rich Dad Poor Dad I was reading a few years ago and Donald Trump talked about the different levels of investments. Real estate was the highest, or the best potential return.

]]> By: Future Money-Bags http://studenomics.com/investing/gpinvesting-for-young-people/#comment-25724 Future Money-Bags Fri, 26 Mar 2010 11:15:19 +0000 http://studenomics.com/?p=4141#comment-25724 This interested me because this is me. I am a 20-something, not out of college, but I have accumulated a nice nest egg for a DP on a condo. I am getting close to achieving the 20% needed, and will make sure I have $5-10k leftover for emergencies. Also beginning to purchase mutual funds, TFSA's, and studying up on stocks currently. I may decide to purchase some bonds as well at the end of this year, just to diversify my portfolio and get a little more passive income than my stupid savings account. This interested me because this is me. I am a 20-something, not out of college, but I have accumulated a nice nest egg for a DP on a condo. I am getting close to achieving the 20% needed, and will make sure I have $5-10k leftover for emergencies.

Also beginning to purchase mutual funds, TFSA’s, and studying up on stocks currently. I may decide to purchase some bonds as well at the end of this year, just to diversify my portfolio and get a little more passive income than my stupid savings account.

]]> By: Smarter Spend http://studenomics.com/investing/gpinvesting-for-young-people/#comment-25712 Smarter Spend Fri, 26 Mar 2010 08:50:13 +0000 http://studenomics.com/?p=4141#comment-25712 The best investment is to pay off your debt so you don't accrue interest. I don't recommend real estate right out of college, its really hard making good decisions, so the best real estate investment is the one for your family. The best investment is to pay off your debt so you don’t accrue interest.

I don’t recommend real estate right out of college, its really hard making good decisions, so the best real estate investment is the one for your family.

]]> By: BibleDebt http://studenomics.com/investing/gpinvesting-for-young-people/#comment-25668 BibleDebt Thu, 25 Mar 2010 17:06:59 +0000 http://studenomics.com/?p=4141#comment-25668 One more investing tip: Live like a college student for a few years after college (while employed) and pay off any student loan debt or save up a hefty emergency account. If you sacrifice to do this, you will have so much more cash flow to do the things outlined here. As a side note, I did all three things mentioned above when I left college. Buying the car was the biggest mistake. One more investing tip: Live like a college student for a few years after college (while employed) and pay off any student loan debt or save up a hefty emergency account. If you sacrifice to do this, you will have so much more cash flow to do the things outlined here.

As a side note, I did all three things mentioned above when I left college. Buying the car was the biggest mistake.

]]> By: Budgeting in the Fun Stuff http://studenomics.com/investing/gpinvesting-for-young-people/#comment-25666 Budgeting in the Fun Stuff Thu, 25 Mar 2010 16:58:40 +0000 http://studenomics.com/?p=4141#comment-25666 Nice summary! I'm a big fan of online banks and we use ING and Smarty Pig. Rewards checking can be a great idea too (currenty in the 3.5% range on CHECKING accounts...look at credit unions in your area). We also invest in high dividend stocks and target date mutual funds. Good luck! Nice summary!

I’m a big fan of online banks and we use ING and Smarty Pig. Rewards checking can be a great idea too (currenty in the 3.5% range on CHECKING accounts…look at credit unions in your area).

We also invest in high dividend stocks and target date mutual funds.

Good luck!

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