Investment Project: What I Learned

     Before I knew anything about investing in companies, I thought that putting money in your bank account and just leaving it there will give you big bucks! Doing this project, I found that those who take risks and invest in companies can earn a lot more money. While doing this project, I asked my sister how much money I should save and which bank account I should invest in. She simply told me that saving $600 a month, which would be $7200 a year, would be a great start. Since my sister has a Chase Bank account, she wanted me to pick Chase. I did some research on their website: www.chase.com/savings/savings-account-rates and found that Chase's annual savings interest was 0.01%. Later on, I was looking for a company that I liked and could invest in. I decided to pick Pepsi. On this website: http://csimarket.com/stocks/at_glance.php, I found out that the return on investment was 12.56%. After finding all my information, I did the math, and the graphed it. Looking at the graph, there was a huge difference between the savings with the bank and investing with a company. 

     Doing this project made me realize that taking a risk, and investing in a company would make me a lot more money. In the near future, I would definitely invest in a company to make money for my future kids.