Assignment 4: Saving and Investing

1. follow a real or made up but realistic situation that could cause you or person you know to have to use money from a financial reserve. (3-6 sentences. 2.0 points) Like having to get a car. Another situation could be house repairs. 2. How many months worth of expenses do you think your pecuniary reserve should include? Describe at least bracing reasons for this decision. (3-6 sentences. 2.0 points) 6 months because I might loose my job. It will posit me go into my financial reserve. Another thing that could see me go into financial reserve is having to pay medical bills .Somebody getting regurgitate in the family. 3. Would you rather have a savings estimate that offered simple interest, or an account that offered compound interest? wherefore? (3-6 sentences. 2.0 points) I will like compound interest. Over determine the compound interest will build up more than interest in the account. After awhile it the interest generates its confirm interest. 4. If you were opening a savings account with compound interest, would you choose an account that offers annual combining, quarterly increase, or daily compounding? Why? (3-6 sentences. 2.0 points) 5. Which strategy for saving do you think would make for best for you? Why? (3-6 sentences. 2.0 points) 6. Describe dickens financial goals that you would demand to meet before you begin investing.

Explain why you would essential to reach those goals first. (2-4 sentences. 2.0 points) 7. Describe at least two factors of an investment that you would want to consider before putting money into that particular(prenominal) investme nt. (2-4 sentences. 2.0 points) 8. ente! r the return on investment in dollars and as a percentage for an investment that you purchase for $500 and swap for $600. (2.0 points) poll: If you dont remember how to calculate return on investment, polish the cypher ROI pages in Section 4, Lesson 2. 9. Describe two examples of debt investments. (1-2 sentences. 1.0 points) 10. Describe two examples of equity investments....If you want to get a affluent essay, put it on our website: BestEssayCheap.com

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