Reference no: EM133082317
Choose TWO of the following to answer. 1) Investing
Make a chart detailing how you would invest $100,000. Include a minimum of three investment types. Detail the amount invested, the % and the investment type in your Chart.
Explain why you made the choices you did. The following are examples of points to address. How would your investment goal guideyou? How did you achieve diversification and why did you made the choices you did?
2) Investing
Detail a future investment strategy. List at least three savings goals (ex: emergency fund, college, vacation, car, house, retirement, etc). Include a minimum of three investment types which would help you achieve your goals. Describe how each type would tie into each goal (short term=less risk and less potential return vs. long term=more risk and more potential return).
In chart form, detail your plan. Be sure to include target numbers of the total amount needed to achieve each goal and the investment types utilized to meet each goal. give a brief synopsis of your strategy.
3)Saving
Using a chart, detail a UNIQUE example of simple vs. compound interest. Use the following numbers in your example: an initial investment of $1,000, an interest rate of 1% and a minimum length of three years.
Answer the following. Which kind of interest would you want for your savings account and why? Which kind would you want for a loan and why?
Which is the better type for your present needs? Do you see that changing as you get older and why?