Question
Using the information provided below, rank each individual according to the level of risk each is taking in terms of investments in financial assets. a.Scott
Using the information provided below, rank each individual according to the level of risk each is taking in terms of investments in financial assets.
a.Scott deposits 15% of his bi-weekly paycheck into a savings account at his local bank.
b.Lora receives a $7,000 bonus from work and uses the entire amount to purchase stock shares in Spice It Up, a new company that produces chili and pepper sauces.
c.Eva is given $2,000 as a college graduation gift from her aunt and uncle. She decides to invest it into a mutual fund, since she has secured a job that will cover all of her necessary costs.
d.Loans \"R\" Us is a local bank that specializes in providing mortgages to families who are first-time buyers.
Most Risk to Least Risk.
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