SOMEONE HELL Your sister, Leila, is 18 and already has a checking account. She is able to save a good amount of money each month.
She wants to save for some of her short term goals as well as long term. What advice can you give about saving versus
investing? What are 3 savings vehicles that she should consider and why? What diversification is and why it's important.
Explain compound interest and its role in investing.