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.© BrainMass Inc. brainmass.com June 3, 2020, 10:52 pm ad1c9bdddf
Once investment might be buying a GIC which is a guaranteed investment certificate.
Basically, you are lending an institution money, and they pay you interest on your loan.
Pros: You are guaranteed a fixed rate of ...
This provides an explanation of one type of retirement investment.