Mike is $34$ years old and is looking to invest for the first time. He is unsure of his

investment goals and how much he can contribute. Instead, he is looking for some general advice to

help him get started. Please advise Mike on the following

$1)$ Briefly describe each of the following factors that affect investment choices.

a$.$ Risk

b$.$ Income

c$.$ Growth

d$.$ Liquidity

$2)$ Describe what diversification in investing means and provide an example.

$3)$ Mitchell mentions that people tell him to avoid investing in something $$risky$.$ Provide an example of a low$-$risk investment and a high$-$risk investment.