Mutual Funds and Other Investment Ideas for Graduate Students

Money Money Money!

By Sandra Chow, published May 17, 2006
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So you have a little bit of money, and you want a lot of it . You have read the first article of this series but those “safe” investments just are not going to grow your money fast enough! Unfortunately, being a graduate student means that you do not have the dough to finance your own oil drilling expedition. Instead of hitting the Vegas Blackjack tables, some of my classmates have written in questions on how to get involved in more legitimate aggressive investments. I am definitely not a professional financial advisor. However, I hope that being a graduate student, I can comment more relevantly on the specific financial issues that graduate students face. My answers are based on a handful of business classes and my own experience creating and managing my own portfolios.

Takeaways
  • If you less than $50,000 to invest, you should go for mutual funds over stocks.
  • Diversification smoothes out the volatility of the overall return from a portfolio.
  • There are many aspects to look for when choosing mutual funds, but fund screeners can help.
Did You Know?
With all its ups and downs, the overall stock market tends to rise an average of 10% to 12% per year, growing as the American economy grows.
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