Question

Faisal, Age 24Torie, Age 28Has a large amount to investCan make regular, large depositsDoes not need easy accessWilling to accept moderate to high riskDoes not want a set interest rateHas a small amount to investCan make regular, small depositsDoes not need easy accessWilling to accept low to moderate riskDoes not want a set interest rateFaisal and Torie each want to make an investment, but they have different needs. Based on the information, which of the following investments are more suitable for Faisal than for Torie?

Answer 1

IRA and Mutual Fund

Step-by-step explanation:

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Answer 2

Money market account, stocks, futures

Step-by-step explanation:

A money Market account is an account that bears interest at a bank or credit union. It has the ability to earn greater interest rates than other types of savings.

Fraiser should also buy a stock from a corporation. A security that would entitle her to a portion of the corporation's assets and profits how much stock she owns. A future is just a contract to buy or sell a particular quantity of stock at a particular price on an agreed date in the future.