Even with a helpful stock broker it would be foolish to risk your hard earned cash by investing in something you don't fully understand. There are plenty of good stock market dictionaries that you can find either online or as a printed book. Once you've got an idea of the terminology you might want to consider paper trading even when you're getting a broker's advice. Well in some cases that is very true but every case is different and you have to do you own checking to make sure you will be better off. It is important to remember that you are taking the existing balances of your bills and spreading them over the term of the new loan. Obviously you need to sit down with pen and paper and work out just how much that will add up to in interest. Once you begin to get a good grasp of how the markets operate you can begin to make some investments of your own. However before you start to lay down your hard earned cash you might want to try paper trading. That is where you select a particular stock and decide how much you would like to invest into it but instead of placing an order with a stockbroker you simply record the transaction on paper. In fact investing money while in college has so many benefits that it should probably be included on the curriculum. It's not just the self discipline of course there are many other skills you will learn. The analytical skills you need in selecting a suitable investment are the same ones you will be required to apply in the workplace. While they may not have the swanky offices their commercial cousins have they still have to fund their employee's salaries. Or to be more accurate you, their clients will be the one funding it. So before committing yourself to going with a particular organization ensure you do your homework. Check around and see how they have done for other people if you can. We also cannot deny the fact that there are some people with malicious intents on the Internet who are using this route to make a quick buck. They may stoop to the level of building sham websites that look like online banking websites and get people to make their accounts on them and make deposits. However, the main point is that online savings accounts are here to say.