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Your friend, Alex, has $50,000 savings that he plans to invest in the market. However, he is undecided whether to invest in the equity market
Your friend, Alex, has $50,000 savings that he plans to invest in the market. However, he is undecided whether to invest in the equity market directly or to invest through a managed fund. Knowing that you have just completed a unit about Financial Institutions and Markets, he asked for your advice. In your response, you need to highlight to Alex the pros and cons of each investment method that he is considering.
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