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Would like some info on first time investing
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<p>[QUOTE="1970 Silver Art, post: 906877, member: 18828"]Since you mentioned that the money that your parents gave you is for college, then it should be used for college expenses and nothing else. Even though I like gold and silver, you should not put college money that you will need very soon into ANY kind of investment that will have the potential to go down in $ price and that includes gold and silver. </p><p> </p><p>Keep it liquid. Silver Surfer mentioned putting it in a credit union savings account and I agree with Silver Surfer on that. The idea is to have that money accessible when it comes time to pay the college tuition. </p><p> </p><p>Do not touch the college money that your parents gave you. If you want to buy PM's, then you should get a part time job and use a little bit of that money from that part time job to start buying PMs as well as any other misc. expenses. However, I would first google gold and silver to find more information on gold and silver. That is what I did to learn more about gold and silver.[/QUOTE]</p><p><br /></p>
[QUOTE="1970 Silver Art, post: 906877, member: 18828"]Since you mentioned that the money that your parents gave you is for college, then it should be used for college expenses and nothing else. Even though I like gold and silver, you should not put college money that you will need very soon into ANY kind of investment that will have the potential to go down in $ price and that includes gold and silver. Keep it liquid. Silver Surfer mentioned putting it in a credit union savings account and I agree with Silver Surfer on that. The idea is to have that money accessible when it comes time to pay the college tuition. Do not touch the college money that your parents gave you. If you want to buy PM's, then you should get a part time job and use a little bit of that money from that part time job to start buying PMs as well as any other misc. expenses. However, I would first google gold and silver to find more information on gold and silver. That is what I did to learn more about gold and silver.[/QUOTE]
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Would like some info on first time investing
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