Read Us 24×7
    What's Hot
    Google's 25th Birthday

    Google’s 25th Birthday: A Nostalgic Journey Celebrating 25 Years of the Search Engine Giant with a Special Doodle

    September 27, 2023
    Sacred Bombshell Guide Empowerment Spirituality Love Wellness

    Sacred Bombshell Guide Empowerment Spirituality Love Wellness

    September 27, 2023
    Food That Makes People Sick Will Often

    Food That Makes People Sick Will Often…

    September 27, 2023
    Facebook Twitter Instagram Pinterest LinkedIn
    Trending
    • Google’s 25th Birthday: A Nostalgic Journey Celebrating 25 Years of the Search Engine Giant with a Special Doodle
    • Sacred Bombshell Guide Empowerment Spirituality Love Wellness
    • Food That Makes People Sick Will Often…
    • In Any Collaboration Data Ownership Is Typically Determined By?
    • Alexandra Grant Shares Rare Insight Into Relationship with Keanu Reeves
    • Sony Announces Olivia Rodrigo Edition Of Its Linkbuds S Earbuds
    • Recall Training: Safety First and Insurance Backup
    • Sony Is Refusing To Pay Up After Cyberattack -Hackers Say
    Facebook Twitter Instagram Pinterest LinkedIn
    Read Us 24×7
    • Home
    • Technology
      In Any Collaboration Data Ownership Is Typically Determined By

      In Any Collaboration Data Ownership Is Typically Determined By?

      September 27, 2023
      Sony Announces Olivia Rodrigo Edition Of Its Linkbuds S Earbuds

      Sony Announces Olivia Rodrigo Edition Of Its Linkbuds S Earbuds

      September 26, 2023
      Sony Is Refusing To Pay Up After Cyberattack

      Sony Is Refusing To Pay Up After Cyberattack -Hackers Say

      September 26, 2023
      Why Does My Chromebook Keep Disconnecting From Wi-Fi

      Why Does My Chromebook Keep Disconnecting From Wi-Fi? (5 Quick Fix)

      September 23, 2023
      What Does Cannot Parse Response Mean

      What Does Cannot Parse Response Mean? (Explained)

      September 23, 2023
    • Business
      How to Get Cash From a Credit Card Number

      How to Get Cash From a Credit Card Number in 2023?

      September 22, 2023
      Shipping from the UK to the US

      Shipping from the UK to the US: How Long Does it Take? [Updated 2023]

      September 20, 2023
      What Goes Into Asphalt Driveway Paving Costs

      What Goes Into Asphalt Driveway Paving Costs – and How to Evaluate Your Estimates

      September 17, 2023
      FICO Credit Score

      FICO Credit Score: What Is a Good Score Range?

      September 15, 2023
      Norstrat Consulting Services

      Norstrat – Everything You Need To Know in 2023

      September 14, 2023
    • Entertainment
      Alexandra Grant Shares Rare Insight Into Relationship with Keanu Reeves

      Alexandra Grant Shares Rare Insight Into Relationship with Keanu Reeves

      September 27, 2023
      Taylor Swift Cheers Alongside Travis Kelce's Mom At Chiefs Game

      Taylor Swift Cheers Alongside Travis Kelce’s Mom At Chiefs Game

      September 25, 2023
      No One Will Save You Movie Review

      No One Will Save You Movie Review (2023): A Terrifying Encounter with Alien Invasion

      September 23, 2023
      Sex Education Fans Are Losing Their Minds Over the Final Season’s Twist

      Sex Education Fans Are Losing Their Minds Over the Final Season’s Twist

      September 23, 2023
      How Old Is Tom Selleck

      How Old Is Tom Selleck? How Old Does He Look to You?

      September 22, 2023
    • Lifestyle
    • Travel
    • Tech Q&A
    Read Us 24×7
    Home » 6 Tips if You Want to Start Investing in Tech as a Student
    Technology

    6 Tips if You Want to Start Investing in Tech as a Student

    Sayan DuttaBy Sayan DuttaDecember 14, 20216 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Reddit Email WhatsApp
    Share
    Facebook Twitter LinkedIn Pinterest Email Reddit WhatsApp

    Starting your life as a college student involves facing some of the most significant life changes. One of these is that you become responsible for handling your finances. And surprisingly, it might be the best time to get started with investing. 

    In fact, it is never too early to learn about investments. Moreover, making an investment no longer requires you to risk substantial amounts of money. There are numerous online brokerages that allow you to buy tech stocks for just $10. 

    So, with that note of encouragement, let us offer you some tips that you need to keep in mind when you start investing in tech as a student. 

    1. Understand the Tech Industry 

    Students these days are well aware of the influence of technology in our daily lives. No matter which aspect of student life you consider, tech plays a significant role – whether it is to choose a paper writer from WritePaper, submit assignments, take classes, order food, do shopping, or even make an investment, everything is handled via online platforms these days. 

    When thinking of investing in tech, you will be essentially buying stocks of companies that operate in this industry. This means that you have sufficient knowledge about the asset you are choosing. While some tech stocks have a history of significant growth, the golden rule of investing is that past performance is not an indicator of future results. 

    Therefore, you need to do your due diligence and understand the factors that affect your chosen tech stocks before you risk your money. 

    2. Consider the Different Types of Tech Stocks 

    It is not uncommon for one to think solely of software companies when thinking of tech. However, this sector can be divided into several categories, and each has to be valued differently. Some of the most prominent sub-sectors include:

    • Software companies such as businesses that develop and sell software, web platforms and apps. Examples include Microsoft, Alphabet, SAP, Oracle, Adobe, etc. 
    • Telecommunications companies that are involved in the operation of telephone and broadband networks, such as AT&T, Verizon, China Mobile, and Deutsche Telekom. 
    • Semiconductors stocks are companies involved in the manufacturing and distribution of semiconductors, chips, and other hardware widely used in computing devices. Notable names include Taiwan Semiconductor, Intel, and Qualcomm. 

    As you can see, there are a variety of companies that you can look into when investing in tech as a student. You should learn the differences and the scope of each before you put your money into one. 

    3. Diversify, Diversify, Diversify 

    When it comes to investments, there is no knowing how the market can turn out to be in the future. The only way to mitigate against the inherent risk of investing is to build a diversified portfolio. 

    Meaning, instead of investing in one tech company, you should be buying a variety of stocks. In fact, we would suggest that you do not stop with the tech industry alone but diversify into other sectors as well. 

    However, understandably, it can be challenging for you as a student to find enough time to research each company and evaluate it. There is an alternative here, which is to invest in ETFs. These are Exchange-Traded Funds that track the value of a basket of companies. You can find ETFs that are classified based on different sectors, market capitalization, and more. 

    Here are some examples for you to consider:

    • SPDR S&P Semiconductor ETF
    • Invesco Dynamic Semiconductors ETF
    • Vanguard Information Technology ETF
    • iShares U.S. Technology ETF
    • iShares Global Tech ETF

    These allow you to diversify in one go by making an investment into multiple companies. You can choose these based on whether you want to invest in the US market or across global exchanges. 

    Diversify
    Image: Unsplash

    4. Invest Small Amounts Regularly 

    As we said earlier, being limited by a student budget need not be a concern when making investments in tech. Instead, you can make small investments every month. This way, even if you can put away $20 or $50 a month, you will be able to build a diversified portfolio in a while. Many online brokers support fractional shares making such a strategy possible. 

    Another way to consider this is to adopt a ‘dollar cost averaging method. In this case, you will be making regular investments into one stock every month instead of diversifying. This allows you to mitigate against market volatility. 

    5. Choose Automated Investing 

    Being a student, you have enough things that demand your attention. And not so surprisingly, this might not leave you with enough time to do research to choose the right investments. However, today, some online brokers also support automated investing. 

    This comes in all shapes and sizes. Generally, you can select some basic characteristics you want in your portfolio, such as how much you want to invest, what your risk appetite is, what your financial goals are, and how many returns you expect to make. Based on your answers, the broker then suggests a portfolio that best fits your criteria. These are also regularly rebalanced based on market conditions. 

    A few traders like eToro have prebuilt tech portfolios that you can invest in. You can also choose to copy the positions of other experienced investors who are active in the tech space, so you do not have to do the legwork yourself. 

    6. Choose the Right Broker 

    Above all, a crucial part of getting tech investing right is to find a suitable broker. There is no shortage of investment platforms online; however, not every provider offers the same services. 

    The fees and commissions you end up paying to your broker can significantly cut back your profits. You also need to check whether a platform is beginner-friendly so that you can learn the ropes of investing in tech along the way. Some providers offer plenty of educational resources for newbie traders and students. 

    In addition to this, if you are looking to take advantage of features such as recurring investments or automated investing, you should also make sure that your chosen broker supports them. 

    With the shift to online platforms, investing has become really accessible. If you are a student, all you need to do is invest some time into learning about the tech industry. With due diligence and the right broker, you can get started with investments with as little as $10.

    Share. Facebook Twitter Pinterest LinkedIn Email Reddit WhatsApp
    Previous ArticleOnline Dance Class: Benefits And How It Works
    Next Article Can Asphalt Paving Be Done in Cold Weather?
    Sayan Dutta
    • Website
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • LinkedIn

    I am glad you came over here. So, you want to know a little bit about me. I am a passionate digital marketer, blogger, and engineer. I have knowledge & experience in search engine optimization, digital analytics, google algorithms, and many other things.

    Related Posts

    In Any Collaboration Data Ownership Is Typically Determined By
    Technology

    In Any Collaboration Data Ownership Is Typically Determined By?

    September 27, 2023
    Sony Announces Olivia Rodrigo Edition Of Its Linkbuds S Earbuds
    Technology

    Sony Announces Olivia Rodrigo Edition Of Its Linkbuds S Earbuds

    September 26, 2023
    Sony Is Refusing To Pay Up After Cyberattack
    Technology

    Sony Is Refusing To Pay Up After Cyberattack -Hackers Say

    September 26, 2023

    Table of Contents

    • 1. Understand the Tech Industry 
    • 2. Consider the Different Types of Tech Stocks 
    • 3. Diversify, Diversify, Diversify 
    • 4. Invest Small Amounts Regularly 
    • 5. Choose Automated Investing 
    • 6. Choose the Right Broker 

    Top Posts

    Google's 25th Birthday

    Google’s 25th Birthday: A Nostalgic Journey Celebrating 25 Years of the Search Engine Giant with a Special Doodle

    September 27, 2023
    Sacred Bombshell Guide Empowerment Spirituality Love Wellness

    Sacred Bombshell Guide Empowerment Spirituality Love Wellness

    September 27, 2023
    Food That Makes People Sick Will Often

    Food That Makes People Sick Will Often…

    September 27, 2023
    In Any Collaboration Data Ownership Is Typically Determined By

    In Any Collaboration Data Ownership Is Typically Determined By?

    September 27, 2023
    Popular in Social Media
    What Does “This Story Is Unavailable” Mean On Instagram

    What Does “This Story Is Unavailable” Mean On Instagram? (Explained)

    September 20, 2023
    How to Create an Instagram Business Account without Facebook

    How to Create an Instagram Business Account without Facebook?

    September 19, 2023
    Facebook Tips And Tricks

    17+ Amazing Facebook Tips And Tricks (2023)

    September 13, 2023
    New in Health
    Natural Energy Boosters

    Natural Energy Boosters that Increase Your Productivity Levels!

    September 3, 2023
    Negin Behazin Vs Dignity Health

    Negin Behazin Vs Dignity Health: Everything You Should Know (2023)

    August 22, 2023
    Alcohol Rehab

    5 Reasons That Finding Alcohol Rehab Near Me Can Be the Best Choice for Teens Struggling with Addiction

    August 15, 2023

    google news

    google-play-badge

    Protected by Copyscape

    DMCA.com Protection Status

    Facebook Twitter Instagram Pinterest
    • Terms of Service
    • Privacy Policy
    • Contact Us
    • About
    • Sitemap
    • Write For Us
    • Submit Press Release
    Copyright © 2023 - Read Us 24x7

    Type above and press Enter to search. Press Esc to cancel.