Saving Compare and Contrast Question

Economics
Tutor: None Selected Time limit: 1 Day

This project will ask you to use your writing skills to write a five-paragraph compare-and-contrast essay. Imagine that you are preparing your savings and investment portfolio. Here are some considerations for your investment portfolio: residential housing, precious gemstones, mutual funds, stocks, commodities speculation, tax shelters, whole-life life insurance policies, collectibles, etc.

Apr 11th, 2015

I strongly advise you to stick to a few main core statements and policies. Bullshit it if you must, if time really becomes that tight. Well, this isn't practical at all really, because what student ever grows up to say "I want to be a stock broker; I want to run a Ponzi scheme; I want to be a C.E.O", business isn't even a strong suited career for most students. But alas let's get on with it

. I'll give you a hypothetical 100k to start off strong. Save 20%, always save at least 20%. Now you have 80k. Put 10k in precious gemstone/gold/precious metal reserves, as an insurance. You've 70k now. Put 40k in low-risk moderate yield stocks to assure yourself you're always rolling the money over. You've 30k as of now. 5k in high-risk Eurozone bonds. 5k in Mexican bonds. 20k now. Speculate on oil reserves around Iceland's territorial waters with 10k (if found that will pay huge dividends). Now save 10k in a Swiss bank with a reasonable interest rate of your choice. And live your life normally now. This project (at least from your description sounds like utter rubbish to me, so the advice is as well). Make it up, it's basically asking how you would save, what would you do upon living on your own capital.

In fact, you should start thinking first how to save?There is a rule 30/20 which can help you financially. There are ways to swap your debts to save money. There are ways to consume goods and services to increase your consumer surplus. So next step is how to do with your saving?

 From putting under the pillow and waiting for opportunity, time deposits, or even apply for professional brokers. There are investment techniques and choices including risk aversion. General rue is diversification. It is highly required maths skill. But you can consult the pros if you don't have a finance major.

You should consider about maintaining a common stock or a preferred stock.What will be the dividends?You should think about ways to finance your project.


Apr 11th, 2015

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Apr 11th, 2015
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Apr 11th, 2015
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