The Battalion. (College Station, Tex.) 1893-current, November 15, 1999, Image 5

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=««Money for nothing
^tMstudents find ways of earning cash without actually working
C = avera
BY SUSAN OVERCASH
The Battalion
hen Keith Kasprzak, a senioi' electri
cal engineering major, wakes up in
the morning to go to work, he does
tot travel far. Instead of flipping burgers or
j>;ing drinks at a local hangout, Kasprzak
alts his money watching fluctuations in the
|ck market.
J‘I decided to start investing after my aunt,
ho’s 32-years-old, retired because of what
ell’s stock did,” Kasprzak said. “I’d like to be
‘ etired before 40, too, and its possible the way
e market is going and you invest smartly.”
fctudents are finding more and more un-
orventional ways to make money. From giv-
ng plasma to investing in stocks, Aggies are
tiding ways to avoid the office and still pay
T ent.
JWjMarilyn Hood, an instructor of personal fi
ll 111 KCf the Stance in the Lowry Mays College of Business,
August Evemv/iricld students can make money in the stock
( D courtesyi market but should consider their financial sit-
, , tation carefully first.
ureamW0B*..j f a stuc ] ent ] ias extra money and they in-
binedeflonswilh!* 1 - but th ^ need ,h ; 1 ’ mone y la > er for , an
3avidCamM.«'| e ?“ c 'i th '?'.™ ay have 10 ca 1 sh , out al a
’s lead vocalist ; oss ’ Hood said. Everyone must look at their
1Z y have result?; :)Wn situation and determine if its appropri
ating with pop-;:: 3te ! if y ou don’t need that money in the next
s third release, L. year, you could think about investing it.”
wre, is an ultra snap: Kasprzak said he made extra money after
)ing, humdinger, working at summer internships, and wanted to
you into a good im est the cash he made rather than spend it.
lespite the smiley-fat: |“I knew if 1 kept that money, I’d blow it,”
doronzy’sTears(or : K|sprzak said. “My brother started in right
ini is strangely creepheto re me, and he helped a lot; I could ask
if backgroundohl him questions.”
and handclaps,Zac; Those who decide they have money to in-
u.s soli, thick um vest> ^ ave man y options in choosing a broker,
ntar nttsandatraM Hood said discount brokers are the best
1 way for students to invest because most stu-
' listeners ! ' dents do not have a lot of money to pay tradi-
not sure win hemal brokerage commissions, and discount
after only hearing brokers may have a lower set amount neces-
ce, it is hard not to: sar y 10 invest.
ng. Maybe it’s just: “Some brokerage firms apply piddling little
lappilyaboutsadm amounts all the time,” Hood said. “Brokers
C + j may have other services or require less mon-
ey for an initial investment.”
— HtotfierKasprzak said he decided to use a discount
Iternet brokerage firm because he felt they
(jrge the least for each trade and also allows
to research companies on the Internet,
'rand morchl “Since September, I’m up 84 percent on one of
Icinii anc j is percent on the other,” Kasprzak
ich Pat Riley has betaid. “It’s fun, but it can get really addictive.”
shal of the Orange Bof
Hood said students should research and un
derstand investing in the stock market before
they make a decision to invest.
“Whenever you don’t work at it, you’re re
ally gambling,” Hood said. “When the market
goes down, that’s the true test; even the savvi-
est investors get hurt.”
Other students have succumbed to the
temptation of a quick buck at plasma dona
tion centers, which offer students money if
they donate plasma twice a week.
Nadia Hekimian, a senior petroleum engi
neering major, said she visited a local plasma
center to earn some extra cash at the end of
the spring semester.
“At the end of the semester, a friend and I de
cided we needed extra money,” Hekimian said.
“You can make $45 the first week, and every
time you go after that you make at least $15.”
Carlos Franco, a phlebotomist at Westgate
Plasma Center and a junior microbiology ma
jor, said students can earn good money by do
nating plasma.
“The first time you go, you make more,
kind of as an incentive,” Franco said. “The
least a student will make is $35 dollars a week.
and they may make more during bonuses or
‘push weeks.’”
When a student gives plasma, they go
through a screening process at their first visit,
and, if they pass the screening, are then al
lowed to donate twice a week. Blood is drawn
intravenously, and the plasma is removed. The
red blood cells are then recycled and returned
to the donor’s blood stream
Franco said there is very little risk in giving
plasma, and, after the initial screening
process, only takes about an hour to an hour
and a half to complete the process.
“People may have natural reactions, like
getting dizzy if they haven’t eaten,” Franco
said. “But there are no severe health risks.”
Franco said students may only donate plas
ma to twice a week because it takes the body
48 hours to replenish the fluid removed.
Hekimian said although she enjoyed the ex
tra cash, she felt that giving plasma put too
much stress on her system.
“It’s for a good cause, for burn patients and
vaccines, but for people in school who are al
ready tired, it puts too much stress on your
body,” Hekimian said.
RICHARD HORNE/The Battalion
:e the same t
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riding in? The or;'
11 ways on the Aim:'
immittee spokespe;
We picked Patbeca.:
he’d bring the (
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Magic.
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GIG EM Notes
ON EXflMS
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5?r Done By Top Students in Class
ST Fast, Quality Service
Er Semester Packs, Exam Packs, and Daily
Notes
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