Investing Tips for College Students?
I've been in the very same place you have, and as a Junior in college I actually started my own hedge fund and became an investment adviser. With that being said, a few thousand does not give you many options, but your age allows for 100% risk! Assuming that you have less than $10k, you should look for alternative investments, or look to use the money to start your own company while your in school. $10k is not enough to become a stock trader, but it is enough to learn the Futures market. $10k will not make you rich sitting in Government or Corporate bonds either. Finally, $10k is enough to become a longer term investor, which means doing fundamental analysis in an industry you look, and finding the best of the best. For example, a risky company is Phinder Technologies (PHDTF.OB) they are a penny stock engaged in E-business apps (my fund owns a whopping 6000 shares). Other examples from the are Sirenza Microdevices they make the chips in satellite radio sets, etc. Try to find where humanity is going.
Finally, my fund (http://theopenfund.com) does take in new traders with a minimum capital commitment of $25k, and we train and everything. Currently, we have five traders.
Well, I hope these tidbits at least allow for some thoughts!