ECONOMICS (CBSE/UGC NET)

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ECONOMICS

MONEY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Placing money in the stock market, a retirement account( IRA), or purchasing real estate so it can grow in value and be used later.
A
budgeting
B
spending
C
investing
D
None of the above
Explanation: 

Detailed explanation-1: -You can purchase several investments through your IRA, including stocks, mutual funds, ETFs, bonds, and REITs.

Detailed explanation-2: -IRA Investment Rules Once an IRA account has been opened, it can be used to purchase all types of investment options: stocks, mutual funds, bonds, exchange-traded funds (ETFs) and index funds, for a few examples.

Detailed explanation-3: -If you’re looking for a long-term investment, real estate may be the better option. There are no guarantees, but real estate tends to appreciate in value over time. If you’re looking for a more passive investment, stocks may be the way to go.

Detailed explanation-4: -Money Market IRA is a way to save for retirement through an FDIC-insured investment. All investments have some level of risk, but bank Money Market IRAs are considered a lower-risk investment.

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