what will be good investment for students??

Answer 1

I'd recommend liquid funds - as a student you'll likely run into situations where you'll need your money asap.

Check out the banks in your area. HSBC and Citibank both have "online savings" accounts. Open a checking account and deposit money into it. Then open an "online savings" account. You can usually access these funds via atm but you can't use tellers - that's how they can offer such high interest rates.

You can deposit money via your checking account and then transfer it later on via the internet.

The interest rates are in the 4.75-5.25% rate which is pretty good considering you always have access to your funds. CD rates these days aren't much higher and the fact that you cannot touch those funds without penalties make the high interest accounts a better idea.

I'd stay away from stocks unless you had a lot of money you're looking to invest. The transaction fees and taxes on any income or small gains won't make it worthwhile. Besides, with small savings amounts, even small losses will hurt. As a student, stay away from investments that hold anything higher than extremely low risk.

Answer 2

Put your money into a stock that you understand, one that pays a dividend. Look at a stock chart to see which stocks have risen in price over the last five years: success breeds success. Dividen-paying stocks are good because it means you own a piece of the company, and when the company makes money, so do you. You can also put your money into an index fund that follows the stock market, so that when the market rises, so does your investment. Personally, I like Exxon, but you could look at any of the gas companies: Americans still like their gas-guzzling cars.

Answer 3

Getting a job !