Angelica is 25 years old and has saved up $5000 in the bank. After taking a finance
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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 well over the last 20 years. | ||
She should just spend it and live life! |
Related Book For
Elementary Statistics A step by step approach
ISBN: 978-0073386102
8th edition
Authors: Allan Bluman
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