All investments involve risk, but some have more risk than others. Frequently, the riskier investments also tend to represent the ones where you may earn the highest returns.
You hold long-term investments for years or even decades. Short-term investments only stay in your portfolio for shorter periods—think months, not years. These help you to meet your financial goals quickly and without much risk.
College students have a lot of hidden expenses, so don’t invest more than you can afford. Focus on creating an emergency savings account first. You can hold this balance in a teen checking account as you enter college.
You can get started by investing small amounts of money and continuing to make minor contributions whenever you have money available. Some micro-investing apps will even invest your spare money for you automatically.
Yes, college students can and should learn to invest in stocks.
Investing is different than saving. You might put money in a savings account or simply let it accumulate in a checking account.