ECONOMICS
SAVING AND INVESTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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savings account
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money market account
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1 year Certificate of Deposit
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stock market
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Detailed explanation-1: -Consider deposit programs, the safest investment choice of all, if you’re looking for the safest investment options for students. Deposits offer you a predefined interest rate on the money you’ve kept with a bank for a set amount of time.
Detailed explanation-2: -The Indian Stock Market is a great place to start investing your money, especially for beginners. It offers an excellent opportunity for people who want to get into the market without having to worry about the technicalities of buying and selling stocks.
Detailed explanation-3: -How to invest as a student? One of the easiest opportunities for new investors to get interested in the stock market is to open an online trading account, which can then be used to purchase common securities or stock mutual funds. Many brokerage accounts enable you to begin investing for the cost of a single share.
Detailed explanation-4: -The Stock Market. The most common and arguably most beneficial place for an investor to put their money is into the stock market. Investment Bonds. Investment bonds are one of the lesser understood types of investments. Mutual Funds. Physical Commodities. Savings Accounts.