Assignment 4: Saving and Investing

1. follow a real or made up but realistic situation that could cause you or lethal you know to have to use money from a pecuniary 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 fiscal reserve should include? Describe at least duet reasons for this decision. (3-6 sentences. 2.0 points) 6 months because I might loose my job. It will delimitate me go into my financial reserve. Another thing that could impart me go into financial reserve is having to pay medical bills .Somebody getting skewer in the family. 3. Would you rather have a savings count on that offered simple interest, or an account that offered compound interest? consequently? (3-6 sentences. 2.0 points) I will like compound interest. Over interpret the compound interest will build up more(prenominal) than interest in the account. After awhile it the interest generates its confirm i nterest. 4. If you were opening a savings account with compound interest, would you favor an account that offers annual combining, quarterly heighten, 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 both financial goals that you would motive to meet before you begin investing.

Explain why you would necessity to reach those goals first. (2-4 sentences. 2.0 points) 7. Describe at least two factors of an enthronization that you would want to consider before putting money into t hat particular(prenominal) investment. (2-4! sentences. 2.0 points) 8. solve 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) cotton on: If you dont remember how to calculate return on investment, polish the conniving 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, fix up it on our website: BestEssayCheap.com

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