ECONOMICS
SAVING AND INVESTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Invest
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Interest
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Mutual Fund
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Bond
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Detailed explanation-1: -We call the latter type income investors. Income investing involves building a portfolio using dividend-paying stocks, bonds, real estate, and other assets designed to generate cash on a recurring basis. With income investing, once you buy the asset, there isn’t a whole lot more to do.
Detailed explanation-2: -Bonds, stocks, mutual funds and exchange-traded funds, or ETFs, are four basic types of investment options.
Detailed explanation-3: -Investing in stocks can help you to benefit from compound interest at a potentially higher rate and over a longer period of time. While they carry greater risk, stocks can deliver bigger returns. Instead of earning 2% from a high-yield savings account, you might earn a 10% or even 15% annual rate of return from stocks.
Detailed explanation-4: -Switch to a high-interest savings account. Consider a rewards checking account. Take advantage of bank bonuses. Try a money market account. Check with your local credit union. Consider certificates of deposit. Build a CD ladder. Consider buying bonds. More items •16-Dec-2022