Decide how to invest $25,000. Should you put your money in a savings account, Treasury bills,...
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Decide how to invest $25,000. Should you put your money in a savings account, Treasury bills, Canada savings bonds, Guaranteed Income Certificates (GICs), Registered Retirement Savings Plans (RRSPs), mutual funds, equities, or stocks? Would domestic or foreign markets work best? List five different assets, their current rate of return, how risky the investment is, and what it should yield 10 years from now. Your goal is to earn a good rate of return without losing your principal investment. Along the way, you need to decide how much risk to take for each option. Decide how to invest $25,000. Should you put your money in a savings account, Treasury bills, Canada savings bonds, Guaranteed Income Certificates (GICs), Registered Retirement Savings Plans (RRSPs), mutual funds, equities, or stocks? Would domestic or foreign markets work best? List five different assets, their current rate of return, how risky the investment is, and what it should yield 10 years from now. Your goal is to earn a good rate of return without losing your principal investment. Along the way, you need to decide how much risk to take for each option.
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Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
Posted Date:
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