Mar 21, 2020

Should I invest my stipend?

Hugo Pittari: stock market can only be beneficial for the long term investment like 10-15 years , and the most important point is that you must not invest that money in stocks that you cant bear to lose.I do stock trading daily, hence telling you to keep it in the fixed deposit or savings account, even mutual funds are risky !have a good time !...Show more

Shan Lanen: No. You only invest money that you don't need to depend on. Especially as a student, don't make the mistake of investing what you can't cover later.

Burt Cheevers: ABSOLUTELY NOT! ARE YOU CRAZY? In the shorter term, you'll probably lose money, anyway. You never invest any money that you will or may need within the next 5 YEARS! Plus, you are gambling with MY tax dollars.

Spencer Heidtbrink: Keep you cash on hand. You may have emergencies. Besides... there's always books and lab fees.You have no business playing the stock market. There is no such thing as making a quick buck in the stock mar! ket. There certainly isn't any rule of law or regulation to protect you.

Neely Youngblut: no never use the money as a stipend for buying fundsthe best place for the money that is not needed is a saving accountbased on information and some rules of brokerage accounts and the mentioned names there is also to pay an handling fee when withdrawl money from a broker account to your bank account...Show more

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