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Investments for Retirement Years

Taking into account the value of money over time, discuss an investment one might make for his/her retirement years and the pros and cons of this investment.

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Solution Summary

This provides an explanation of one type of retirement investment.

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Hello,

Once investment might be buying a GIC which is a guaranteed investment certificate.
http://www.investored.ca/en/investoranswers/B/25_gic/Pages/1_gic.aspx

Basically, you are lending an institution money, and they pay you interest on your loan.

Pros: You are guaranteed a fixed rate of ...

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