Question
Answer the following questions supposing you inherited $100,000 and you wanting to invest it to meet two financial goals: Goal 1 - save for buying
Answer the following questions supposing you inherited $100,000 and you wanting to invest it to meet two financial goals: Goal 1 - save for buying a house or starting a business in 2 years (mid term goal) Goal 2 - save for your retirement a few decades from now (long term goal)
Label your answers with the corresponding question numbers.
Q1a. What would your strategy be to invest the money for your Goal 1? Q1b. What would your investment portfolio (combinations of bank savings, stocks, mutual fund, or any other investment opportunities) be to make the money grow for your Goal 1? Why?
Q2a. What would your strategy be to invest the money for your Goal 2? Q2b. What would your investment portfolio (combinations of bank savings, stocks, mutual fund, or any other investment opportunities) be to make the money grow for your Goal 2? Why? Go to Yahoo Finance and select 1 company from Dow Jones Industrial. Q3a. Write down the date and time you have checked the site. Q3b. What is the price of this stock? Q3c. How many stocks were exchanged? Q3d. Would you buy this stock considering its historical trend and future potential? Why? Be specific
Now, from the same Yahoo Finance site, select 1 company from NASDAQ. Q4a. Write down the date and time you have checked the site. Q4b. What is the price of this stock? Q4c. How many stocks were exchanged? Q4d. Would you buy this stock considering its historical trend and future potential? Why? Be specific.
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