Investing money is something that college students take for granted due to being inexperienced with handling money or because they lack money to invest. To better assist students with financial guidance, the Financial Aid and Scholarship Office at California State University, Stanislaus (Stan State), hosts several events throughout the semesters to help students with their finances.
On Feb. 16, the Financial Aid and Scholarship Office held an “Investing Workshop” to teach Stan State students about the importance of investing and how to start at an early age.
The Investing Workshop was presented by Professor Arbella Solhkhah, where she talked about different ways for students to invest money and important techniques such as: buying stocks, starting a neutral fund, and learning to save money.
Solhkhah advices students who are interesting in buying stocks to, “build up a portfolio, and buy low and sell high.”
Students like Daniel Rios (junior, Business) already have some knowledge of the stock market that will help them when it’s time to invest.
“I would invest into stocks of tech companies because technology is advancing daily, and it is a safe investment,” Rios said.
Solhkhah also suggests students should start investing in their future by starting a neutral fund, which gives you a “basket” of investments.
Neutral funds are safe investment because it includes stocks from both rising share prices and low share prices.
The last thing that the Solhkhah mentioned on investing is for students to learn how to save money by opening a savings account, and saving a percentage of their money when they have a chance.
According to the University of Colorado, Boulder website, students should stick to the “50/30/20 Rule” to help their finances.
The “50/30/20 Rules” is a plan that encourages students to set aside 50 percent of their money for expenses, 20 percent should go to savings and other important financial priorities, and 30 percent should go towards the student to spend on whatever they please.
Students like Samuel Corchado (junior, Business) have implemented their own plans to help themselves save money while going to school.
“Set a limit on expenses, five percent to savings, and pack a lunch,” Corchado said.
Stan State students who may have questions about the event, or ways to save money can visit the Financial Aid and Scholarship Office located in the Mary Stuart Rogers building Monday through Friday or visit their website for important financial tips.
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It’s never too early to start investing
Jesus Valdez
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February 23, 2017
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