Every Friday, a group of students meets up in Mike Wilson’s room to discuss investing.

  Max Geer, a freshman and the founder of Investment Club, gathered a group of friends and formed the club to be able to collaborate with people who were also interested in investing.

  “I started it because I made some money off a trade and I thought it was pretty cool so I wanted to continue doing that and make a group of people,” Geer said.

  Investment is putting your money into companies or stocks with the goal of a return profit.

  “[Investment] is the best way to preserve your money or grow it without your money depreciating in a savings account,” freshman Will Sorenson said.

  At their meetings, the club talks about what trades they have made over the week and what stocks and companies are growing exponentially or are good to invest in.

  “We recently started a group fund together and everybody in the group is putting money in and at every meeting we decide where to put that money,” freshman Liam Wierzba said.

  Not only does the club want to use investment to make profit, they also use it as experience in finances in order to prepare for their future.

  “I think investing is important because it teaches you a lot of financial skills for the future, such as how to save money, make money and lose money,” Wierzba said.

  Many members of the club are interested in pursuing careers in finances, so they participate in the Investment Club to gain knowledge at an early age.

  “I want to become a financial officer or financial advisor and I want to go to [University of Michigan’s] Ross Business School,” Wierzba said.

  According to Next Gen Personal Finance, starting investing early creates less financial struggle and creates more opportunities for financial security later in life.

  “I think it’s good to start at any time because you learn a lot of stuff about the market, how the economy works and where to put your money,” Geer said.