About this episode
As investing becomes increasingly popular and accessible, especially with cryptocurrency and NFTs, young adults and students are becoming more interested in making a passive income. But should you really be investing while in school? If so, what are the best ways to invest as a student? Join Rob Bertman, CFA, CFP®, and Molly Laughter, MBA CFA, CFP®, to discuss whether or not investing while in college is a good idea, and how to approach investing, saving, and budgeting the right way. In today's episode, you'll find out: How to lower your student loans in medical school Benefits of investing early in life Pros and cons of investing as a college student What you need to know about compounding interest and your "time horizon" Easy and efficient ways to invest and the best investing platforms and apps How roboadvisors work – Should you use a roboadvisor? Why investing and stock trading could decrease your productivity and performance in school Tips for budgeting, saving, and leveraging credit as a student Why you shouldn't use your student loans to fund investments Should you invest in a Roth IRA or stocks while in college? Our candid thoughts on Acorns and similar money-saving apps How to select the best types of investments that suit your goals and lifestyle Links mentioned: Fidelity Reviewed Which Investors Did Best and What They Found Hilarious Like the show? There are several ways you can help! Follow on Apple Podcasts , Spotify or Google Podcasts Leave an honest review on Apple Podcasts Follow on Facebook , Twitter , or LinkedIn Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan