It's never too early to start investing.
While students are at a prime time in their lives to start investing, they have unique challenges to overcome.
Typically they will lack experience and won't have a ton of money start with.
Keeping those issues in mind, following are the 3 best investment ideas for students.
- Find investors.
Even if you have no capital, it's likely you know people who have a little extra cash to spare.
Start by getting 10 people you know to invest $100.
You'll end up with an initial investment of $1000 total.
Offer to do the research and work involved in the actual investment process and ask for a 5% cut of the profits.
By investing the money wisely you can earn money with no financial risk.
- Invest in alternative energy.
Let's face it, the price of oil isn't going down.
Now is the time to get in on the ground floor of alternative energy opportunities that will soon be skyrocketing beyond your imagination.
- Pay attention to needs around you.
So you're in college - you know tons of busy students who are willing to pay top dollar for convenience.
For example, you could start a book buying business with very little capital.
Students often don't like to take the time or trouble searching for the best prices for their textbooks.
Starting a business that takes a students schedule and buys all the books and materials required can take very little of your time when you full several orders at once but will be a service other students will pay for.
While students are at a prime time in their lives to start investing, they have unique challenges to overcome.
Typically they will lack experience and won't have a ton of money start with.
Keeping those issues in mind, following are the 3 best investment ideas for students.
- Find investors.
Even if you have no capital, it's likely you know people who have a little extra cash to spare.
Start by getting 10 people you know to invest $100.
You'll end up with an initial investment of $1000 total.
Offer to do the research and work involved in the actual investment process and ask for a 5% cut of the profits.
By investing the money wisely you can earn money with no financial risk.
- Invest in alternative energy.
Let's face it, the price of oil isn't going down.
Now is the time to get in on the ground floor of alternative energy opportunities that will soon be skyrocketing beyond your imagination.
- Pay attention to needs around you.
So you're in college - you know tons of busy students who are willing to pay top dollar for convenience.
For example, you could start a book buying business with very little capital.
Students often don't like to take the time or trouble searching for the best prices for their textbooks.
Starting a business that takes a students schedule and buys all the books and materials required can take very little of your time when you full several orders at once but will be a service other students will pay for.
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