You're 18 and have 2 grand. What do you do with it?

Question

I'm 18 years old going to college and I've got roughly two grand to twiddle with. What should I put it into? Low to no risk, long term investments.

Answer 1

buy your books with it.

seriously. books for your classes in college are around $200-$400 per semester, depending on what you take.

or you could use it to help pay for college. reduce your debt and all.

be practical!

Answer 2

INVEST

Answer 3

Thats a great thing for you not because you have the money but how you want to make use of it.

I would personally suggest invest some money in mutual funds. And keep some money to get some real life education like leadership skills, people skills (part time). Means invest some money on yourself.

Buy 1-2 nice business suits and pairs of nice shoes. You will need them to attend some good seminars in your area.

Invest in nice books which teach you to become a better  human being.

You will never regret for the investments.

Don't put money into savings accounts or buy doodads now. Learn the skills to make your money work for you.

God bless!

Answer 4

OK, so you want to invest. I thought you had two grand to blow on fun stuff. If that was the case, I would have suggested you go out and buy a gun.

Anways, take that money and put it into a CD. Set it up for about 6-12 months, giving you a chance to renew at a higher interest rate. Rates will go back up after we come out of the economic downturn.

When it comes time to renew, get a longer term like 16-24 months, something like that. Basically, you can get a really really good rate if you can summon the discipline to leave it in the CD for as long as possible.

Answer 5

Go to Zecco.com and open an account with them after that buy RITE AID STOCK, (RAD) their stock is as low as 2 dollars and if you hold it for a couple of years you will make good money. This stock is going to jump back up because Rite Aid owns all of their real estate stores and do not rent their locations like WalGreens and CVS Pharmacy

Answer 6

Hmm. Invest in it like the section you put it in!

Answer 7

you buy stuff with it

Answer 8

buy watermelons and smash them

Answer 9

Give it to me