Invent a character and give the information that your peers would need to recommend:

• How much that person should have saved in their emergency fund?
• Based on your character's risk appetite, age, and how badly they want to achieve their financial goals, what kinds of investments they should make.

Reply: Using the information given, recommend: How much that person should have saved in their emergency fund. Based on your character's risk appetite, age, and how badly they want to achieve their financial goals, what kinds of investments they should make. Make a real-world recommendation that includes information from at least 2 sources. For example, if you think your peer's character should invest in stock, decide on what company, and you can include the stock's trend over time, the current price and/or past price(s), what kinds of dividends the company has distributed, etc. This chapter has many, many suggestions for investing information, websites, etc.

Answer rating: 100% (QA)

Character Name Sarah Thompson Age 30 Risk Appetite Moderate Financial Goals Own a home in the next 10 years and retire comfortably at 60 Recommendatio... View the full answer