I need Investment Help

Question

You have $1000.00 to invest. Investigate the advantages and disadvantages of each type of investment.

A) Checking account

B) Money market account

C) Passbook savings account

D) Certificate of deposit

Answer 1

No, you need homework help, apparently.

Answer 2

avdhootinvestment.com

Answer 3

check out investopidia as well as bankrate.com.

If you really want to impress then ad information about inflation and real interest rate.

Answer 4

a.) no  interest, no advantage, money gets eroded by inflation.

b.) very small gains, chance to get erroded by inflation.

c.) usually a very small interest, after taxes appearantly you are not saving anything.

d.) investopedia.com

In anycase, tell your teacher that you found out that banks today 'enter the fray' with a direct and known to all objective to make more money for their major shareholders rather than their customers (and losing money for their shareholders.) There are no advantages today investing in banks (I was a financial advisor, today i'm a successful bamboo carpenter.)

You can tell you teacher that $1,000 today get's you no where in investing with long term objectives. The only most reasonable option is using a high risk / high return investment approach; open an E-trade account and buy out of the money e-mini S&P 500 's  and sell them before expiry.

I hope I helped.

Answer 5

bankrate.com