6 How To Invest For Students And Types Of Instruments That Can Be Chosen

Investment illustration (Tumisu/Pixabay)

YOGYAKARTA How to invest for students needs to be considered, because it can help build good financial habits.

With investment, students will have savings that can later be used to continue their education in universities.

So, how do students start investing? Check out the full information in the review below.

Compiled from various sources, the following is an investment method for students that you can use as a reference to start investing.

Quoted from the Save The Student page, Before investing in various investment instruments, students must determine clear financial goals and investment plans. Investment objectives can be interpreted as conditions that want to be achieved with the target investment fund for a certain period

After determining investment objectives, the next step is to determine how much funds will be used for investment. Funds placed on investment instruments do not have to be large, students can start investing with small but must be consistent.

Well, investment funds can be obtained by setting aside your pocket money every day. A number of instruments allow investment starting from IDR 100,000.

While collecting investment capital, students can learn the basics of investment, including risks and financial potential. This will make you know the type of investment that matches the goals and conditions of finance.

The next way to invest for students is to choose investment instruments that match the risk profile and financial goals.

According to Bank Mandiri's FAQ page, the investment account is a savings belonging to a customer which is used as an intermediary account for investment transactions.

In addition, this account is also used to accommodate returns after placing funds in various investments.

Account creation usually requires requirements such as a personal identity card, bank account number, form filling in, and other requirements.

After placing capital in investment instruments, students need to monitor and evaluate investment performances. This is to ensure the investment returns are in accordance with the objectives of finance.

Quoted from the official website of the Ministry of Finance's Financial Media, the following are some investment instruments suitable for beginners, including students:

Shares are proof of ownership of a company. The return of this investment is in the form of dividends and growth in the value of the shares itself when traded. Investing in stocks can provide experience and long-term pertum fruits opportunities.

Mutual funds are investment instruments where funds from several investors are collected into one container and then invested in investment instruments in the capital market in the investment manager portfolio.

Mutual funds are very suitable for students who have limited funds. Before buying mutual funds, make sure to choose mutual fund products that match the desired risk profile, needs and preferences.

Deposito is an investment instrument suitable for students. Although the return is not high, deposits have a low risk profile that provides security and convenience in investing.

Gold is a stable asset and can be an option for diversification and stability of investment portfolios.

If you want to choose gold, choose gold bars, not jewelry. Buying pure gold in the form of bars will help protect your financial condition during the inflation period.

That's information about how to invest for students. Get news updates of other options only on VOI.ID.