Student Refund |
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| Student Refund |
| By datVAkid - 07-25-2012, 11:56 AM - Boxden > The Money Spot (finance/careers) Iight, i just got my student refund... what should i do with it so i can flip it. Any good investments i should look at? |
| 07-25-2012, 12:09 PM | away - #2 | |
stock market savings account | ||
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| 07-25-2012, 01:00 PM | away - #3 |
| need more details how much? safe route or risky route? how long? | |
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| 07-25-2012, 07:19 PM | away - #4 |
| Silver!!! One of the best investments you will make in your life!!! | |
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| 07-26-2012, 12:37 AM | away - #5 |
| i got 5 stacks... but im only going to use 2 stacks and i got it for a couple months, i have to see how my summer semester goes cause if i get an A in this class it allows me to get the same loan again in 2 months... so that will allow me to invest this whole 5... But im interested in this silver and my homeboy is going to do foreign currensy exchange so imma throw him a couple hundred and he going to flip it and give it back. | |
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| 07-27-2012, 08:19 PM | away - #6 | |
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| 07-29-2012, 02:39 PM | away - #7 |
| bump, gonna need some advice soon , working with 10Gs | |
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| 08-01-2012, 08:50 PM | away - #8 | |
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| 08-02-2012, 05:16 PM | online - #9 |
| What's silver? | |
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| 08-02-2012, 07:26 PM | away - #10 | |
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| 08-03-2012, 03:35 AM | online - #11 | |
Once again, I'm completely inexperienced in !! like this.. | ||
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| 08-03-2012, 09:02 AM | away - #12 | |
I don't know I'd take the risks myself it's the only way to learn. Your still young but you should learn there's nothing more powerful then making your own money cause then you don't have to fall back on nobody. | ||
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| 08-05-2012, 06:34 PM | online - #13 |
| I think investing student loan money is illegal if it doesn't qualify as personal expenses, living expenses, or educational needs so you'll have to fiugure out a way to work around that if that's the case. If you think about small businesses or services you can provide for people then you could plan ways to fund your operation. | |
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| 08-05-2012, 09:59 PM | online - #14 | |
But question to OP, what school are u in to have gotten your refund already?! Is it a private loan or gov-secured loan? (Subsidized, un-subsidized | ||
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| 08-06-2012, 02:52 PM | away - #15 |
| Man, just put that money in a savings account until you learn up on some !!. If you are going to blindly invest money you may as well drive up to NY toss $2k out the window on Wall Street and come back home. | |
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| 08-06-2012, 03:14 PM | away - #16 |
| If you're getting that much money back in student loan refunds, you're borrowing too much. Just use the money to repay your loans. The money you make on investing probably won't be greater than the interest accrued on the loans you have. | |
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| 08-10-2012, 02:59 PM | away - #17 | |
yeah i got it gov loan un-sub | ||
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