Monday, December 5, 2016
Investing in a Company!
Doing this project, I learned that if you want to invest in a company, you should always have money saved and it should be a decent amount of money. Also, the percentage of forward rate of return should at least be 8% or more. Investing in a company will increase your money, because it will grow exponentially.
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In real life situations, it depends if the company does well or not. You may lose all your money if you the company does poorly.
ReplyDeleteThanks for the simplified explanation though!
How much money would be considered 'decent' in order to invest in a company?
ReplyDeleteYou forgot to mention that investing in a company may decrease your money, depending on how well the company does. However, I do agree you should have money saved and 8% is a good rate to grow.
ReplyDeleteHow much would you recommend saving?
ReplyDeleteIn my opinion, toward future goals at the age, of let's say 23, I would think $200-$600 would be a good amount to save. If you aren't quite sure, you may also ask people or even your parents to tell you what a decent amount of money to save each month. Hope this helped!
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