Business, 17.12.2021 01:00 tsdean21

In the world of personal investing, there are many options to choose from. Some investments are designed for short-term goals and some are specifically designed for long-term goals (such as retirement). There are key factors that one needs to evaluate when making these decisions, including: the length of time the investment is for, the return associated with the investment, the amount of risk the investment contains, and potential tax implications the investment could create. In this exercise, you will be determining which investments would be appropriate for short- and long-term goals. Imagine you inherited $50,000, and you want to invest it to meet two financial goals: (a) to save for your wedding you plan to have in two years, and (b) to save for your retirement a few decades from now. What types of investments would be best for each goal

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In the world of personal investing, there are many options to choose from. Some investments are desi...