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you have a friend that has $10000 to invest for their retirement, which is 30 years away. Scenario You have a friend that has $10000
you have a friend that has $10000 to invest for their retirement, which is 30 years away.
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 a 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, GICs, mutual funds, stocks, bonds, index linked term deposits, etc. You wil 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 factors associated with each. Your presentation of these should be a synopsis of what you've learned, not copy and pasted facts. 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. TSFA's and RRSP's are very different in the benefits they provide and this should be ciear in your presentation, You will include why you may want to chaose one or the other, or both Goals To cenate an accurate, informative, and clear presentation that allows your friend to make an informed decision on how to invest Step by Step Solution
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