I am a 19 year old college student and I have saved up 10,000$ over the past several years. It sits in a PNC savings account earning .025% interest. What are some things that I can invest in that have good growth potential that will earn me back more than

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Anonymous 03/19/15 (Thu) 12:42:38 No.454

I am a 19 year old college student and I have saved up 10,000$ over the past several years. It sits in a PNC savings account earning .025% interest. What are some things that I can invest in that have good growth potential that will earn me back more than this shitty .025%. I'm nervous about stocks since I don't know much about them and don't want to piss my money away.

Anonymous 03/26/15 (Thu) 06:24:57 No.468

Open an account on td ameritrade or schwaab. Transfer the money you want to invest. Look at the list of commission free ETFs. Pick one that covers bonds and one that covers lots of stocks. You now have the best risk for reward. Actually just put it in the bonds one and wait for the market to crash, after it crashes put half in an ETF that tracks the whole market.

Matthew Waterman 04/11/15 (Sat) 04:46:50 No.493

You are nervous about stocks, because you don't understand how they work, and that's entirely rational. Plus, they priced pretty high right now. However, you can earn more on your savings by owning government savings bonds. Go to treasurydirect.gov, and look into owning Series-I savings bonds. They pay more than your savings account does, and the interest rates are adjusted for inflation.

In the meantime, learn about stocks, because there will eventually be a good time to buy. Start reading about Warren Buffett, he's the best at this game.