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Author Question: If you have $5,000 to invest but will need to use the funds in three years to buy a home, you should (Read 58 times)

sam.t96

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  • Posts: 570
on: Apr 14, 2019

Question 1

If you have $1,000 to invest, but will need the money in one month to pay bills, you should


◦ put the money in a money market savings account.
◦ buy a one-year CD.
◦ buy stocks of relatively stable firms that have low risk.
◦ invest in a diversified stock mutual fund.

Question 2

If you have $5,000 to invest but will need to use the funds in three years to buy a home, you should


◦ invest in a diversified stock mutual fund.
◦ buy stocks of relatively stable firms that have low risk.
◦ buy a three-year CD.
◦ put the money in a money market savings account.
Personal Finance ¦ Madura ¦ 6th Edition
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Marked as best answer by sam.t96 on Apr 14, 2019

sailorcrescent

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Reply #1 on: Apr 14, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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sam.t96

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Reply 2 on: Apr 14, 2019
Thanks for the timely response, appreciate it

mcabuhat

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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