Question
1. Reactions paper - written in minimum of 250 words - regarding what is the assignment is all about. Did it interest you? Why and
1. Reactions paper - written in minimum of 250 words - regarding what is the assignment is all about. Did it interest you? Why and Why not? How does it relate you to you as student and on personal level including your contribution to the group.
based your reaction paper in this assignment:
ANSWER:
1. Mutual Funds - 50%
2. Bonds - 30%
3. Stocks - 20%
Explanation:
1. Mutual Funds (Preferably Money Market Fund) - 50%
- ROR based on Net asset value per unit (NAVPU) / higher return than bank's rate
- Low Risk
- Easy to apply through banks.
2. Bonds - 30%
- Fixed rate and usually the funds should be invested for 3-5 years.
- Moderate Risk
- Easy to apply though banks.
3. Stocks - 20%
- Based on the volatility of the market.
- High Risk
- Might need a broker for investing in stock market.
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