Question: QUESTION (25 marks) While it is important to save for a rainy day, we should also consider making hay while the sun shines. With relatively
QUESTION (25 marks)
While it is important to save for a rainy day, we should also consider making hay while the sun shines. With relatively low interest rates for savings accounts, you may want to consider other options for growing your wealth. Based on this statement, briefly explain the investments options below:-
a) Short term investment
b) Common stock
c) Fixed Income Securities-Bonds
d) Mutual funds
e) Derivatives
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