Reference no: EM131178610
Investments Worksheet
Answer the following questions in at least 75 words each:
1. How would you explain the difference between a stock, a bond, and a mutual fund?
2. What are the risks and rewards of investing? How can you minimize the risks associated with investing?
3. What would affect your decision to invest?
For the next set of questions please use the Bankrate calculator to help you understand your personal investment goals. https://www.bankrate.com/calculators/investing/investment-goal-payment-calculator.aspx
4. Are your investment goals short-term, long-term, or intermediate goals?
5. What is the type of investment goal that you chose? Why did you choose that investment? How will this investment help you reach your investment goal?
Please use this calculator to determine your savings goal. If you are unsure of the interest rate of your savings or do not have one, use your bank or credit union's savings account rate information.
https://www.bankrate.com/calculators/savings/simple-savings-calculator.aspx
6. What is your savings balance and how many years will it take to reach that balance?
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