Question

13. Describe at least three other investments you want to make with your income either now or someday in the future. Explain why you think these particular investments would be good choices

Answer 1

With this, you just explain what you want to  buy with the money that you make in the future. For instance, a car, a house, anything that a person could buy.

Answer 2

Answer:

Three best possible ways to invest your money are:

1. Common stock
2. Mutual funds
3. Government bonds

Common stock refers to buying of shares of different companies, and getting the equity ownership for the business, they are further divided into two; voting share and ordinary share. Where as mutual funds is the process of collecting funds from different investors for the purpose of buying securities. Lastly, government bonds are those issued by the state so that people invest in the economy and in return they receive a face value on the maturity of bonds.