Ready, Set, Invest

When you’re ready to save and invest — and there’s no better time than right now — there are some useful guidelines. They don’t guarantee you’ll get rich. But they will make the difference between making progress toward your goals and feeling as if opportunity is getting away from you:

• Learn more. Good places to start are well-known financial publications, online and in print. Check the library or a professor for references or ask a friend or relative who invests.
• Find out about investment presentations on campus. If what you hear interests you, seek out the presenter for more information.
• Contact your bank or credit union about investment services and information they provide.
• Investigate an online brokerage or mutual fund account. Many of them provide reliable investor education as well as a way to get started investing at a reasonable cost.
• Be honest with yourself about how much risk you’re comfortable taking. That’s called risk tolerance. To help you find out, check out this money risk quiz Links to an external site.. It never pays to invest too aggressively and then sell in panic if the markets drop.

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