This topic contains a solution. Click here to go to the answer

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 56 times)

sam.t96

  • Hero Member
  • *****
  • Posts: 570

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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by sam.t96 on Apr 14, 2019

sailorcrescent

  • Sr. Member
  • ****
  • Posts: 334
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.
Answer Preview
Only 56% of students answer this correctly




sam.t96

  • Member
  • Posts: 570
Reply 2 on: Apr 14, 2019
Excellent


amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

For a complete list of videos, visit our video library