<prompt> Human: Hi PersonalFinance,As I am a student in the Netherlands, I am able to loan up to 300 per month. These are student loans, so the interest rates are extremely low 0.86 to be precise. Whats more, I wont have to pay back the loans in the near future.I dont really need the loans, however, I was wondering whether itd be a smart idea to do something with the money? Even transferring it to a savings account would break-even the interest, so might it be a good idea to invest some?Regards,uinvestingthisstuff  <response>: You could put the money in a thing called spaardepositos - in the US theyre called CDs. You can find the best rates here: . Seems like you can easily get 2 if you keep the money in there for 3-4 years.I could imagine that you do this. Do NOT invest the money in stocks, though. Stocks are inherently volatile, so if you do that you might see a decrease of the value of your stocks and then you lose money instead of gaining it.Also, if you do this and borrow 3600 in one year, and your profit is 2 per year while the interest is 0.86, you will gain roughly 50 in one year. 50 isnt nothing, but it also isnt a lot of money either... 