Investing Money While In College
Investing money while in college is not a priority for people. After all, most folks are busy just trying to keep up with tuition payments and general cost-of-living expenses. Nonetheless, investing in college is possible. I know – I was one of the first people in my school to do it.
I was pretty inspired by some of the economics courses I was taking. I was learning all the investing basics I would need to know to get started, and I suppose I thought I was smarter than I really was. I was interested in all of it – real estate investing, currency speculation, futures – pretty much anything I could read about. I assumed that I would get rich overnight. I was a smart kid who thought I was a genius.
There were definitely a few unexpected lessons for me. Some of the investments I made were not very prudent, and I definitely lost a little bit of money before I made and it. Nonetheless, I learned quickly. I knew that investing money while in college was a difficult and dicey proposition, and I learned to budget appropriately. Soon, I was definitely starting to take in some cash.
When I told my economics professors that I was investing money while in college, they were understandably impressed. They were skeptical at first, but once I explained and showed them my investment strategies and how they were starting to pay off, they could see that I was taking my lessons to heart. One of them actually even took a few investment tips from me. It was a great time for me, as I was enjoying the respect of my peers, my professors, and my good friends. I even thought about majoring in economics for a while.
Eventually, it got a little bit too stressful. Although I had enjoyed investing money while in college, I needed to concentrate more on my work. I made the decision that I would give up my short-term investments for the next couple of years, and put the long-term ones in stable funds. That way, I wouldn't have to worry as much about them.
I did not end up majoring in economics, choosing instead to complete a course in history. As soon as I finished college, however, I definitely started up a healthy sideline in investing again. I do not take in a huge amount of money, but it is a great supplementary income. Life has been good to me so far.