I am a poor student, but I had a little extra money last year and I decided to invest it into the stock market. It was a good decision on my part because, since I bought, the market has been doing a little better. I’m not rich, —yet.
I think it is a good experience to learn how to buy and sell stocks on the internet for any student or person interested in business. You don’t need a lot to get started, and if you lose money (hopefully just a little) its just education cost.
I use Scott Trade online to buy and sell stocks. It costs me about seven dollars per transaction, which isn’t bad at all. I don’t trade very much, I think my entire portfolio is just over $500 in net worth. But it is good education and experience. You learn a lot about responsibility, decision-making, and the mechanics behind trading. Even more, you are learning how to be savvy. Remember, an investment is good or bad irregardless of the amount invested. Oh, I should mention that the Scott Trade stock broker option is also good if you live in the Provo Orem area. They opened an office in Orem that is easy to visit and nice to get started with. I have been down to their offices and deposited money in the form of a check. The service was good.
A recommended reading, even though I haven’t read very much myself, is the intelligent investor by Graham. Also, I think Warren Buffet highly recommends the book for learning how to invest. It’s a big book.
My final advice is to take it slow, learn, practice, and invest only what you can afford to lose. I have been trading on the stock market since I was 17 years old and I have made money (on a battery company) and lost money (in a penny stock). Goodluck.