Mahi Sall, Advisor, Fintech-Bank Partnerships, Payments and Financial Inclusivity
January 25th, 2023
Guest Post | March 12, 2023
Image: Unsplash/Austin Distel
It’s a common misconception that students are not interested in finances. Sure, not all college undergraduates have a lot of money, but many learners have some sort of income. Investing your savings can double your assets, even when it’s not much. Of course, investing in the stock market can seem daunting, particularly for students who may be new to the world of finance.
It’s always better to think about your money and the ways of doubling it. So, in case you are not ready to start your own business or look for a full-time, high-paying job, you could think about investing what you have. With the rise of accessible investment platforms and commission-free trading, it’s easier than ever for students to invest in the stock market.
There are some high-risk small startups that can bring you a lot of profit over several years. Still, it’s better to choose big corporations that won’t go bankrupt next year. Hire a reputable write my research papers company to handle your homework, so you can do your own research about funds! Your grades won’t suffer, and you can get more money out of it in the long run!
So, are you looking for some ways to increase your profits? Here are 8 tech companies students can invest in!
Apple is one of the most well-known tech corporations on the planet. It has had a solid history of growth and innovation in the last decade. You definitely know a couple of people with iPhones, iPads, or Mac computers. It’s an empire with hundreds of millions of fans all over the planet. For this reason, you can be sure that your stock will definitely bring you some profit!
Did you know that Amazon is not only a marketplace where you can buy almost anything at any time of day and night? Amazon is the world’s largest online retailer and also provides cloud computing services, digital streaming, and artificial intelligence services. Sure, as you can see, the stock price is high, but you can invest what you have and wait for your revenue!
This is another pricey entry on this list. Not every student has an opportunity to invest a couple thousand into a corporation. Alphabet is the parent company of Google, the world’s largest search engine. What you probably didn’t know before is that this group also owns several other popular services, including YouTube, Google Maps, and Google Drive. A perfect choice!
Similar to Alphabet, Inc. and Apple, Inc., this is a corporation that everybody knows about. The difference is that the price here is more affordable. Microsoft is one of the world’s largest software companies and produces a range of products, including the Windows operating system, the Xbox gaming console, and the Microsoft Office suite of productivity software.
You and your friends are definitely familiar with this corporation. Facebook is one of the most popular social media platforms, which also owns other popular services, including Instagram and WhatsApp. Wouldn’t it be fun if you actually owned a part of this conglomerate? What’s even better is that you can earn some money from it! Just follow the trends, so you don’t lose any assets.
This is not a popular flashy tech company that everybody knows about. Still, it’s definitely worth looking into! As you can see, the price is affordable compared to other entries on this list. Also, NVIDIA is a leading producer of graphics processing units (GPUs) and is a key player in the field of artificial intelligence and machine learning. So you can be sure it’s not going away soon!
Shopify is an e-commerce platform that enables businesses to create their own online stores. The company has experienced rapid growth in recent years and has become a popular choice for small and medium-sized businesses. As you can see, Shopify has a high price tag, and the risks are high here as well. So, this investment can be marked as volatile, but it’s still worth a shot.
Image: Unsplash/Firmbee.com
Tesla is a leading producer of electric vehicles and has also expanded into the energy storage and solar panel markets. Everybody wants to jump on the train of sustainable companies while they can. The world needs green energy and electric cars, so this kind of companies will only become more and more popular. The risks are still high, but the rewards are great too!
So there you have it, 8 tech companies that students can invest in! It’s a common misconception that college undergraduates are not smart with their finances. Some of them just don’t know how to manage their finances! Of course, you should study the company first before spending your money on something that you don’t understand!
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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