In this project I came across a huge difference in a savings account and investing in a company. Bank of America's annual rate, 0.01%, was quite low. The company that I invested in was Apple inc, a technology company, which had a 19.63% annual rate. A company's annual rate is way higher than a bank's annual rate. Doing this project, I also learned that people invest in many companies so that they can get income during retirement. The work I did can show how you want your money in the future to grow. I prefer investing since everyone would like to grow their money quicker than a savings account. Don't you like money? Choose investment if you do. It is always safe to have a savings account, just encase your company that you invest in falls apart.
HAVE A HAPPY HOLIDAY AND INVEST SO YOU CAN BUY EVERYONE PRESENTS!!
Hello Accelerated Math Students! As part of your Quarter 2 investment project, you will post on this blog using your holiday pseudonym. You will also comment on two other posts. EXTENDED DUE DATE: SUNDAY DECEMBER 11, 2016. The grades are now finished for the blog.
I liked your convincing statement, "Don't you like money?"
ReplyDeleteI really liked how you compared the bank's annual rate with the company's rate and showing how big of a difference that is. I also like how you are giving advice to people who like money and telling them to choose investing over saving.
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