Investment Options
High reward, short term investment, less risky than some other investing options
What are benefits of investing in stocks?
What is college?
Insurance that will pay for all or a part of your treatment cost in the case of sickness or injury
What is health insurance?
One is pre-tax so you will pay taxes on growth and withdrawals, other is post-tax so you can have tax free withdrawals and growth will not be taxed
What is the difference between a Roth IRA and a standard IRA
Giving the government money and getting a return + interest after time?
What are bonds?
Higher education can equal higher paying jobs later in life, even if it costs more in the now
Why would someone choose to go to college?
Insurance that will cover all or a part of the cost for damages in the case of an automobile collision
What is automobile insurance?
Allows money to grow over time as you work through investments, compounding interest
How can a 401(k) benefit you?
Not knowing the future, risk of losing value rapidly, potential for physical damage
What are risks of investing in collectables
It can be a career, but for most employees it's just an experience and usually a high school job
Is McDonald's a career?
Insurance that will cover all or part of the cost of repair in the case of damages to your house
What is homeowner insurance?
Allows working people to accrue money toward their retirement by automatically investing assets into bonds, stocks, or other investment options
Why should someone invest in a retirement savings plan?
The act of investing in raw material rather than the finished product
What is investing on commodities?
Insurance that will support in the case of developing a disability that hinders you from working
What is disability insurance?
😎💵🤑🧓
What would you look like after retirement?
Investing into multiple companies to minimize losses in the case of one going down
What are mutual funds?
Term life insurance only covers a period of your life and tends to be less expensive, whole life covers the entirety of your life but has a higher cost
What is the difference between whole and term life insurance
Is it employed?
Can my dog retire?