> Learning to trade or invest or code or build startups is just another skill.
Absolutely. I started with $2000 and doubled it many times over to pay for tuition. But I read everything I could and watched my stocks religiously.
I would buy and sell every few days or weeks to make use out of every 5% gain or loss in the stock's value.
Yes, the fees (etrade at $20 a trade) were ridiculous. They might have cost me 25% of my gains but at the end of the day my gains were still up there. It's much cheaper to trade now.
If you have the time to invest then I would learn foreign exchange instead. You can have much more leverage there without much initial capital. I would love to spend more time on trading my money but as you move on from school life just gets busier. So go read and make some money.
PS: I should say I lost my fair share initially as well.
Somebody else on this thread has already plugged Interactive Brokers.
They're cheap. For US stocks its $.005 to $.01 per share (with a $1 min per order) or something. I think most people here are interested in trading stocks (if interested at all).
Absolutely. I started with $2000 and doubled it many times over to pay for tuition. But I read everything I could and watched my stocks religiously.
I would buy and sell every few days or weeks to make use out of every 5% gain or loss in the stock's value.
Yes, the fees (etrade at $20 a trade) were ridiculous. They might have cost me 25% of my gains but at the end of the day my gains were still up there. It's much cheaper to trade now.
If you have the time to invest then I would learn foreign exchange instead. You can have much more leverage there without much initial capital. I would love to spend more time on trading my money but as you move on from school life just gets busier. So go read and make some money.
PS: I should say I lost my fair share initially as well.