When thinking of Financial investment planning, especially for international students, you need to plan a lot. You can divide investment planning into two aspects for an easier understanding. For example, short and long-term investment planning. Assuming you have a steady source of income to plan the next step, which is investment. Another important factor is that you are free of all your student loans and debts. A a result, you are considering investing your money as a future support for yourself or your family.
Moreover, it’s quite difficult to deduce exact plans which is suitable for you based on just a statement. So, we will provide you with some of the general ways to invest your money as an international student.
In this article, we will give you some of the best general and safe methods to invest your money. So, keep on reading for more valuable information.
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Suitable Financial Investment Options for US International Students
Here are the most satisfactory financial investment options for US international students:
Free From Debts And Student Loans
This is by far the best investment you can make for yourself or your family. Nothing can be a better investment than getting rid of your student loans. Think of this as addition by subtraction. What you are doing is adding long-term financial value by paying off debt in the short term. Moreover, it is not a walk in the park to reach a return rate of 6% or higher in the current market.
Invest In Stocks And Bonds
If you have a good idea of where the markets are headed and want to take advantage, then open a brokerage account. For example, you can open a brokerage account with Fidelity, Vanguard, or BlackRock etc. However, you should do a lot of research and formulate a strategy before investing. If you don’t want to bother with picking a particular stock, you may want to look into index funds or ETFs. Both are platforms to invest in a wide range of stocks and take a share of your investment.
Besides, you should go ahead with passive investing as a novice investor to avoid financial losses. Well, bonds are not recommended because the risk rate is too high for amateurs. Hence, play safe in the initial phase and learn along the way for more investments.
Invest In P2p Lending
Well, you can stock your money for the short term in sites like Lending Club. In this way, you can expect a decent return on your investment. However, the risk is as high as the profits. Because such sites don’t have controlled credit ratings. And the worst part is that there is little to no collateral for the money you put in. Furthermore, with the slump in the economy, you will definitely face huge losses.
Coupon-Bonds For Safe Players
If you are very risk-averse, Coupon bonds can be a great investment since it is fully insured by the FDIC(Federal Deposit Insurance Corporation). In addition, you have the option of liquidity for secondary coupon markets. So you don’t necessarily have to wait for the bond to mature to see returns.
Self-Investment
This is by far the most secure and valuable investment made by anyone. Given the investment landscape and level of risk involved in playing the market. The next best thing you can do is add value to your profile by acquiring new skills and certifications. Besides, the skills you pick up today will likely return a much higher value to your long-term growth.
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Conclusion
In summary, these are just some of the general suggestions we have deduced to the best of your interest. After employing all the above-mentioned recommendations, surely, you will become accomplished as an individual. First, solve all your short-term monetary issues, and then only you should go ahead with financial investment plans. So, go ahead and enjoy your life learning and traveling!
