Angelica is 25 years old and has saved up $5000 in the bank.After taking a finance course,
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Question:
Angelica is 25 years old and has saved up $5000 in the bank.After taking a finance course, she realizes that she shouldn't leave it sitting in the bank paying just 30 basis points.Of the choices below, what is Angelica's best option?
She should day trade since that is the fastest way to make money
Invest $1000 a month for the next five months in a diversified mutual fund
Invest it all in Apple stock given the stock has performed wellover the last 20 years.
She should just spend it and live life!
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