During graduation, the motivated ones do make some money by working part-time. Since financial knowledge is being spread by modern means like social media, students are becoming more aware of the importance of investments, and want to invest their hard-earned money, rather than buying a posh car.
As we know you don’t need huge amounts of cash to start investing, we have curated top 5 investments to make during graduation. These investments would not only build up savings but also help in creating a steady stream of passive/active income.
- Equity Market
The equity market is one of the most common ways to invest for the long term. Buying equity shares means holding a stake in the ownership of the company. The value of shares can rise or fall, depending on a lot of factors. Before investing, you must learn about the industry you are planning to invest in, and consult a few people regarding the same.
Another advantage is that the liability of the investor is limited to the extent of the investment made and hence, in cases of loses, the investor will not have to share of loss over and above the capital investment.
While investing in equity, always remember to invest wisely, not gamble, a blunder most tend to make. For investing in the equity market, it is highly recommended to gather knowledge about how things work. Also, to develop a stream of income, do consider the dividends offered by the company, as they become a great source of passive income.
- Mutual Funds
Mutual funds have become popular investment instruments nowadays. It creates a pool of money by a number of investors under a particular scheme managed by a company which later on purchases different securities according to the terms and objectives. Mutual Funds are convenient as you don’t have to spend your time analyzing the market; your funds are managed by a professional manager and thus turning out to be extremely suitable for a student. Do take note that Mutual Funds are subject to market risk.
- Real Estate
One of the best investments is in a property that ensures a steady income. Though real estate investment requires more substantial sums of money, it pays off as the value of property shows a trend of rising, and provides you with regular rents.
Being a student, you might face a problem of arranging huge sums to invest, but fret not! There exist many companies that offer financial assistance for investment in real estate, like Goldman Sachs and Blackstone. Investing in real estate generates wealth through capital gain, rental income, and hedging against inflation. There are innumerable people worldwide who have accumulated wealth via real estate investments!
- Certified Courses
A student needs to invest in their skill-set, and having theoretical and practical knowledge of diversified areas helps in landing better jobs. It makes them more qualified, and possession of certification shows credibility and authorization.
Certified courses help you develop career competency and augment your proficiencies. It also extravagances your resume, making you more eligible and fit as compared to others. It shows your intellect, aptitude, and expertise. These courses are, thus, not only beneficial academically but also professionally.
- Personal Development
In the process of education and building a career, you should not make the mistake of neglecting the development of your personality. Having a remarkable personality boosts your confidence and gives you courage, and these are really important qualities that a qualified, respectful person should inherit.
Your personal development surrounds building your people skills, learning new masteries, and planning to make relevant, positive, and effective life choices that help you maximize your potential.
Your aura has a great impact on your progress and in improving your quality of life. Thus, it is imperative that you invest in activities that help in improving your awareness and identity and develop your talents and potential. Consider opting for a public speaking course, as recommended by the greatest investor of the modern era – Warren Buffett.
Utilise this phase of graduation in a more productive manner by starting to build a stable life for yourself. This time period is the most crucial, and can make or break you. If you gain experience of investing in college itself, you will definitely have an advantage over those who are limited to movies and chilling. Do make sure to stay disciplined with your investments, because investments are not fool-proof and can bring an equal amount of loss; and you wouldn’t want to drown in debt while you are still pursuing graduation!
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