Let us talk about the types of investments we plan or are currently investing in right now. But before I start, I was surprised to know that some of my friends that have graduated from college barely knew how the U.S. stock market works, how real estate appreciates in value, how the mortgage business works, and the factors that affect their FICO credit scores.
Personally, whether you have taken any financial classes at Cal Poly or not, college graduates should learn the basics of personal finance. Personal finance includes how to reconcile personal checking accounts, learning what affects your credit score, how to obtain and repair your credit report, credit management, knowing what and how to apply for a 401(k), health, life, and auto insurance policy, and etc.
And for those that read the newspapers, the stock market shouldn't be foreign to you. Soon or later, you'll be advised by maybe a relative, colleague, or even a financial adviser on why you should allocate a percentage of your investment portfolio in stocks and different investments but this alone is a whole new topic.
I'll occasionally post new posts in this thread that I find helpful from the WSJ paper and other financial sources. Feel free to post your own experience and personal advice that would benefit students and alumni alike. Thank you.