Andrew Huck
Published: May 9, 2008

DUBUQUE – Investing in the stock market in today’s economy can seem a little intimidating but one Loras student is proving that with the right knowledge you can make money.

“I just got really enthused and tried to find out more went to my professors to see how to open an account and everything,” says finance major Niraj Karmacharya.

Niraj invests and makes trades regularly he has a plan for determining what stocks to invest in.

“I have a price in my mind that I would like to buy it at and when the stock goes down to that price I just buy it,” says Niraj.

Before investing in the stock market there are a few steps everyone should take. First do your research and learn about stocks, second use stock simulators or games on line, and third open an online trading account.

But keep this in mind.

“The bottom line is investing in the stock market you can go in today and lose everything in one day it can be that risky and you can go in today and make a lot of money,” says Loras Finance Professor John Upstrom.

As for Niraj he hopes to get an investment job after graduation.

“This is defiantly something I would like to do because it’s a lot of fun and it’s really exciting,” says Niraj.

It is important to remember that when investing in the stock market you are taking a risk so be sure to do your research.

Andrew Huck can be reached at Andrew.Huck@lctv13.com