Question
Scenario You have a friend that has $10000 dollars to invest for their retirement which is 30 years away. Your Job Part 1 To create
Scenario
You have a friend that has $10000 dollars to invest for their retirement which is 30 years away.
Your Job
Part 1
To create presentation to help them decide how to invest their money.It should include 3 investment options.Options for investments can include but are not limited to high interest savings account, GIC, mutual funds, stocks, bonds, index linked term deposits.You will want to make sure to include the benefits and risks associated with each option.You should consider potential rate of return (think interest rate) and risk factor.
Part 2
For the second part of the presentation you should cover Tax Free Savings Accounts (TSFA) and Registered Savings Plans (RRSP or RSP).These are two Registered Plans that have benefits when investing.You should include both of these and the benefits each provides when investing.You will include why you may want to choose one or the other, or both.
Goals
create accurate and informative presentation that allows your friend to make an informed decision on how to invest.
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