Business, 08.02.2022 19:50 salejandro68

Step One: You have graduated from college and have established a career. You have been working with the same company for three years. You have saved up $10,000 and need to decide how you will save and invest this money. Your goal is to save as much money in five years as you can for a down payment on a house. Using the principles and strategies of saving and investing, create a saving and investing plan. Remember, a saving and investing plan is an outline or list that names the types of savings or investments you will use. The outline also shows the amount or percentage you will put into each savings account or investment. For this project, evaluate and select at least three investments or savings accounts. Upload the document. Step Two: Select specific accounts and investments. For example, if your outline includes investing $1,000 in stock, research and select a stock. Create a portfolio with a spreadsheet or word processor.

See the example below:

Saving or Investment Value at Start Current Value Increase or Decrease
Savings Account at Money Bank 1,000 1,000.25 .25
ABC Growth Mutual Fund 2,000 2,010 10
Stock ABC 1,000 980 -20
Follow the accounts and investments for at least one week.

1. Did your overall portfolio increase or decrease in value? Which investments or accounts increased and which decreased? By how much?

2. What did you learn about investing from this project? Did you learn about how much risk you like to take? Did you learn about how much work is involved in selecting investments? Explain.
Using the principles and strategies of saving and investing, create a saving and investing plan. Remember, a saving and investing plan is an outline or list that names the types of savings or investments you will use. The outline also shows the amount or percentage you will put into each savings account or investment.
For this project, evaluate and select at least three investments or savings accounts. Submit you plan and answer the following questions:

Did your overall portfolio increase or decrease in value? Which investments or accounts increased and which decreased? By how much?
What did you learn about investing from this project?
Did you learn about how much risk you like to take?
Did you learn about how much work is involved in selecting investments? Explain.

Answers: 2

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