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Why does meeting long-term goals often require saving and investing Give two examples of

Personal Financial Literacy | 1st Edition | ISBN: 9780538444521 | Authors: Joan Ryan ISBN: 9780538444521 464

Solution for problem 5 Chapter 10.1

Personal Financial Literacy | 1st Edition

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Personal Financial Literacy | 1st Edition | ISBN: 9780538444521 | Authors: Joan Ryan

Personal Financial Literacy | 1st Edition

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Problem 5

Why does meeting long-term goals often require saving and investing? Give two examples of long-term goals that can be met with money from investments.

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Appendix E Profit Margin Ratio  Profit Margin= Net Income/Total Revenues What is an Investment  An asset that either implicitly or explicitly is intended to achieve a return Types of Investments  Equity investment “Stocks”  Debt Investments “Bonds”  Pets, Children  Real Estate  Mutual Funds Equity Investments  Positives o Dividends o Capital Appreciaiton o Ownership/ Voting Rights  Negatives o Risk of total loss if company goes bankrupt Debt Investment  Positives o Guaranteed interest payment o Recovery is Possible with Bankruptcy or Default  Negatives o Time to wait for recovery of inves

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Chapter 10.1, Problem 5 is Solved
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Textbook: Personal Financial Literacy
Edition: 1
Author: Joan Ryan
ISBN: 9780538444521

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Why does meeting long-term goals often require saving and investing Give two examples of