1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sergey [27]
3 years ago
12

Read through this infographic:

Social Studies
1 answer:
Alexus [3.1K]3 years ago
7 0

Answer:

ExplanaYour friend says, “I have some extra money, but I’m not sure if I should save or invest it.” What key questions would you ask your friend to help them figure out what to do?  

                 Key questions I would ask are, Do you want the highest return possible? Are you interested in setting money aside to take advantage of compound interest and letting it grow over time? If you choose to invest do you understand investments come with volatility or risk and may not give you the results you wanted? Which do you prefer, saving up money and playing it safe with no risk by putting it in a bank with 0-2% return annually or investing and risking a little bit by investing with a potential 6-10% return annually? What would you invest in?  

What is the advantage of investing early for retirement?  

                  Investing at an early age will wield a significantly higher return than investing any time later. The more time you wait to start investing the less return you could end up getting back by the time you come of age to retire. Starting early has a much larger payout and if you start early you can even get a return of up to a million dollars, hypothetically if you start by the age of 20 by investing 200$ a month.  

If investing can bring higher returns, why should you put money in a savings account at all?  

                 Putting money in a savings account is safe, putting cold hard cash aside has next to zero risk. Money is also available whenever you need it. This is preferable when there is an emergency or an immediate need for the money. Having cash ready in a savings account is also useful when you’re saving up for a purchase, such as a car, a boat, a new engine, etc.  

What 3 tips would you give someone who is about to invest their money for the first time?  

                 First, starting off small is important, getting a taste of what it is like and familiarizing yourself with it, buying proven funds, you don’t need a winning stock to be successful. Second,  to start as soon as possible because the return will be much rewarding if you do so and avoid waiting for when the time is right. Third, have patience, the reward is best over time as compound interest accumulates and setbacks are common so don’t panic when the market has problems.

tion:

You might be interested in
Many farmers pick fruits from trees before they are fully ripened. How can they ripen fruits after removing them from the trees?
astraxan [27]
Fruits ripen after being picked by spraying or injecting the fruits with hormones.

Ripening is only hastened in climacteric fruits (ie.apples, pears, tomatoes). The fruits continue to ripen mostly due to hormone named ethylene gas.

ANSWER: D) by spraying or injecting the fruits with hormones.

Hope this helps! :)
8 0
3 years ago
Read 2 more answers
Which material is not apart of soil
enot [183]

Answer:

B Magma

Explanation:

8 0
3 years ago
What does Thoreau mean when he uses the phrase this is a dozen times as poor in the third paragraph? A) He lives in a home that
mr Goodwill [35]

Thoreau meant B) No shanty comes close to as poor as mine.

<u>Explanation:</u>

Henry David Thoreau was a famous American poet and philosopher. He is best known for his book Walden. Not only essayist, he was also an advocate of civil liberties.

David Thoreau is a transcendentalist. He doesn’t have any religious beliefs but understands life relationships.  According to Thoreau, life becomes easy if the demands are less. He believes that one’s demand for unwanted things causes stress in life.  

The phrase “this is a dozen times as poor” used by Thoreau meant No shanty comes close to as poor as mine.

6 0
3 years ago
Read 2 more answers
What is the difference between a watch and a warning
Romashka [77]

Answer:

A  WATCH means severe weather is possible, but not yet happening. Keep checking up on the weather throughout the day, have a plan ready in case warnings are issued for your area. A WARNING means severe weather is happening in your area.

Explanation:

5 0
2 years ago
To prevent air pollution and breach of contract, which tools does the government use?
Gnom [1K]

To prevent air pollution and breach of contract, which tools does the government use Penalties for air pollution and breach of contract

As a result of the presence of compounds in the atmosphere that are hazardous to human health and the health of other living things, or that impair the climate or materials, air pollution is the contamination of the air. Gases (such as ammonia, carbon monoxide, sulphur dioxide, nitrous oxides, methane, carbon dioxide, and chlorofluorocarbons), particles (both organic and inorganic), and biological molecules are just a few examples of the many diverse forms of air pollution. In addition to harming humans, animals, and food crops, air pollution can also hurt other living things like animals and food crops and impair the built environment or the natural environment 

Learn more about air pollution here

brainly.com/question/16357973

#SPJ4

5 0
1 year ago
Other questions:
  • Why it is important to develop a personal identity?
    14·1 answer
  • What details reveal the importance of pagan warrior values, such as a belief in fate, a taste for boasting, a pride in loyalty,
    15·1 answer
  • Ikwandu is a real pain in his teacher's neck. He does not seem to be willing to follow any rules, he constantly argues with even
    15·1 answer
  • The Fisher effect states that the: a) expected real rate of interest increases by one percentage point for each percentage chang
    8·1 answer
  • What is the name of the fascist party that ruled Germany in the 1930s and 1940s
    12·2 answers
  • Read the passage from a letter by Christopher Columbus.
    9·1 answer
  • Year-old lucy needs to have her blood taken. she is so distraught by this that she must mentally prepare herself for it as well
    10·1 answer
  • Which of the follow does the modernist theory believe that Europeans did to get wealthy?
    9·1 answer
  • Using four or more complete sentences, evaluate the purpose and effectiveness of United States aid around the world.
    14·2 answers
  • Do geologist study the San Andreas fault and why​
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!