Hey there! Sign in to join this conversationNew here? Join for free

Does anyone have any advice on how to invest your savings after you graduate? Watch

    • Thread Starter
    Offline

    0
    ReputationRep:
    During my first year of uni I managed to save a fair bit of my money and I am looking to save around the same amount over my next two years. I was wondering if anyone could give me some advice on how to invest these savings after graduating. I've been looking at ways to invest but there are so many options so I was hoping someone could impart some of their knowledge on the subject. Thanks.
    Offline

    3
    ReputationRep:
    (Original post by _georgina)
    During my first year of uni I managed to save a fair bit of my money and I am looking to save around the same amount over my next two years. I was wondering if anyone could give me some advice on how to invest these savings after graduating. I've been looking at ways to invest but there are so many options so I was hoping someone could impart some of their knowledge on the subject. Thanks.
    it depends on how long you want to save for
    the risk you're willing to take
    and the amount you want to invest
    Spoiler:
    Show
    at the moment i have a half case of chateau y'dquem 2009, an 1/2ct pink investment diamond, a tube of sovereigns, 10 krugerands, a half kilo gold bar, £7,000 in a peer to peer car rental company and £9,000 in the stock market
    Offline

    0
    ReputationRep:
    (Original post by nomad992)
    But if you expect to be a high earner in the future and currently have student debt then you are absolutely far better off paying that off early as it will save you a sizeable amount of money.
    Can you explain this further please? I thought student loan debt was not "visible" that it would not affect trading?
    Offline

    0
    ReputationRep:
    (Original post by nomad992)
    What would you like to know?

    I do not really understand your angle with the question but student debt will not "prevent" or have a negative effect on trading. It will however be an unwise financial choice in OP's situation.

    If you mean "visible" as in not real debt then you are dead wrong.
    I understand that it is real debt, but I also understand that it hasn't affected my credit score or getting a mortgage, even for buy to let.

    What I am asking is that how will it/does it affect me trading? Or are you saying that it's not good to have outstanding debt in general (which I agree)? Or are you saying studentfinance will want a piece of every stock I own if I don't repay all of it?
    Offline

    3
    ReputationRep:
    (Original post by Dr B)
    I understand that it is real debt, but I also understand that it hasn't affected my credit score or getting a mortgage, even for buy to let.
    It's taken into consideration for mortgage payments and the like only insofar as student finance repayments will reduce your take home pay.
    Offline

    14
    ReputationRep:
    Invest in bitcoin
    • Community Assistant
    Online

    21
    ReputationRep:
    (Original post by _georgina)
    During my first year of uni I managed to save a fair bit of my money and I am looking to save around the same amount over my next two years. I was wondering if anyone could give me some advice on how to invest these savings after graduating. I've been looking at ways to invest but there are so many options so I was hoping someone could impart some of their knowledge on the subject. Thanks.
    Since you sound like a novice your best option is to either spread your savings across high interest savings accounts (nothing below 3% interest) or/and put your money into a stocks and shares ISA and then track an index.
    • Thread Starter
    Offline

    0
    ReputationRep:
    Thanks for all the advice everyone.
    Offline

    19
    ReputationRep:
    Invest in my shopping trip
    Offline

    3
    ReputationRep:
    Buy a kilo of cocaine and sell 1g baggies to the kids. Or buy a romanian / bulgarian off a people smuggler.
    Offline

    3
    ReputationRep:
    (Original post by jamesthehustler)
    at the moment i have a half case of chateau y'dquem 2009, an 1/2ct pink investment diamond, a tube of sovereigns, 10 krugerands, a half kilo gold bar, £7,000 in a peer to peer car rental company and £9,000 in the stock market
    Why am I so jealous and revering of you?

    Teach me, maestro.



    Posted from TSR Mobile
    Offline

    3
    ReputationRep:
    (Original post by asmuse123)
    Why am I so jealous and revering of you?

    Teach me, maestro.



    Posted from TSR Mobile
    most of it has just be bought over time some of the bits were traded but the full breakdown is
    the chateau y'dquem was bought from Waitrose cellar
    the pink diamond from leibish
    the sovereigns were recovered from scrap pieces I bought
    the gold bar I bought from a client who needed the cash to buy his daughter a car
    the Krugerrands were bought from bullionbypost
    the cash in the car rental company is buy2letcars (they'reused a lot by uber)
    and the stock market breaks down to £5,000 in BA and £1,000 each in MAB, IHG, BP and BT
 
 
 
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • Poll
    Break up or unrequited love?
    Useful resources
    How much money do you spend a week?The ultimate guide to tax!Guide to student bank accounts

    Sponsored features:

    Web Legend

    Win a Macbook Air!

    Blog about setting up a website for a chance to win in our Web Legend competition.

    Quick link:

    Unanswered money and finance threads

    Groups associated with this forum:

    View associated groups
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

    Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

    Quick reply
    Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.