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Savings Account, Stock Market, or Bonds?

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If we assume that you earn $60,000 per year, would you be inclined to invest your money in a savings account, the stock market, or the purchase of a bond? Please clarify the reasons for your choice.

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Solution Summary

Discusses the pros and cons of each option and best way to maximize return on money.

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Savings Account, Stock Market, or Bonds?

Diversity is key to nearly EVERYTHING in nature. Therefore, if I earned $60,000 per year, I would be inclined to invest my money in a diversified manner via savings accounts, stock market accounts, and through the purchase of ...

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