what's the best choice for an engineering student with a part time job and no bills and wants to make a buttload of sensible money from investment plans? I have no biz experience unless accounting counts.
1. Mutual Funds (med/high risk)
2. Exchange Traded Funds
3. Dividend Stocks
4. All of the Above
If you understand calculus there is no reason not to use derivatives. Trade like a quant, not a pleb.
2016 tomorrow mutual funds ever
Index futures are where its at.Index funds are okay too.
https://www.tastytrade.com/tt/shows/you-gotta-be-kidding-me/episodes/biggest-misconceptions-around-passive-investing-11-13-2015
ETFs are fine with liquidity >1M trades/day >1k options trades
Dividends can be okay, but options can act as dividends. So you get something very similar to a dividend in a growth stock.
https://www.tastytrade.com/tt/shows/options-jive/episodes/option-premium-dividend-vs-growth-11-04-2015
Making a buttload of money is the most sensible investment plan.