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.
Sunday, December 11, 2016
Investing vs Saving
What I learned during this project is that you make more interest when you invest in a company than saving your money in a bank account. I also learned that I should invest in a company that has a rate of return of at least 6 percent or higher in order to make money. In conclusion, investing is better than saving since it has a higher growth rate.
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I can 100% agree with this post. Banks give you such a small annual rate that it is almost nonexistent. But it's also hard to find a company with over 6% interest rate, so I would rather invest in a lot of companies with smaller interest rates than just that one 6%.
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