5.1 saving&investing

Preview:

Citation preview

To be able to compare the different ways of saving or investing money

Major Purchases

Cars, stereo systems, guitars,

college

Emergencies

Car breaks down, medical

problem, losing your job

Retirement

How long do you want to work???

An account where money is easily accessible, and

earns interest.

A savings account alternative where money is left for a

specific length of time in order to earn a higher interest rate.

A written promise from the government or a Corporation to

repay a loan with interest on a specific date.

An investment in many stocks, bonds and securities

selected by professional investment companies

An investment granting ownership of a company.

Land and any structures on it that a person owns.

Baseball Cards, Coins, Antiques, Stamps, Comic Books,

Rare Objects

Take a second and rank the

8 types of investments from

1 (most risk) to 8 (least risk).

Recommended