Investing
Ok, so I was reading the other thread on "financial misery" and that reminded me of something I was going to try once fall semester rolls around. I have made my way around so that I am about 2 semesters ahead of my Federal student loans as far as using the money, and I was wanting to try and invest this amount in a relatively safe, but slightly aggressive method where by the time I finish school (BS next spring and the beginning on my Masters) I will have little to no debt on the loans.
My main problem with this is that as a student of Engineering practices, the only thing I have learned about finances is through an elementary Economics class, and helps me none. I am reasonably certain that many of you have been successful in ventures like this, and would like some advice.
One thing I wanted to get into is property reselling, where I would buy a home or property, repair/renovate, then turn around and sell it for more money. However I dont really have the ability to obtain a loan like that from the bank working as a part time waiter.
*edit* to further reinforce the point of gaining more stability and financial freedoms, I would like to consider myself one of the more responsible students of anyone I have met my age. I DO like to spend, but rarely do, which usually makes my purchases quite expensive. I am also the only student I know who has or has had renters insurance for my apartment (people have no idea!)
My main problem with this is that as a student of Engineering practices, the only thing I have learned about finances is through an elementary Economics class, and helps me none. I am reasonably certain that many of you have been successful in ventures like this, and would like some advice.
One thing I wanted to get into is property reselling, where I would buy a home or property, repair/renovate, then turn around and sell it for more money. However I dont really have the ability to obtain a loan like that from the bank working as a part time waiter.
*edit* to further reinforce the point of gaining more stability and financial freedoms, I would like to consider myself one of the more responsible students of anyone I have met my age. I DO like to spend, but rarely do, which usually makes my purchases quite expensive. I am also the only student I know who has or has had renters insurance for my apartment (people have no idea!)
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jlo0109
Money and Investing
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Nov 24, 2007 02:37 PM



