What is one financial goal that you have? Using what we have discussed in the unit, what strategies in saving and investing could you use to reach the goal? What are the advantages and disadvantages of the strategies that you would use?
Answers
Explanation:
the financial goal is that YOU saved for your future and that in which u r strategy of your goal is well defined
Answer:
A financial goal that I have is saving up enough to purchase and own my own house and car and be able to travel. Some strategies that I could use to reach my goal is investing in stocks or rental real estate. An advantage of stocks is that they can generate income revenue greater than savings or other types of investments. However a disadvantage is that they are riskier than many other forms of investment. Advantages of investing in rental real estate is that I would get income when the property is rented and the initial investment can be considerable. However, a disadvantage is that I may have to deal with tenants and repairs.
Explanation: