Asked by Jasmine Gardiner on Jul 02, 2024
Verified
Jane is a 22-year-old college graduate. She has just started working at a job that pays her $75,000 per year. Since you have had an economics course, Jane asks you for advice on where to invest the money she is saving for her retirement. What do you recommend?
Retirement
The period of one's life after deciding to permanently leave the workforce behind, often associated with reaching a certain age or financial security.
College Graduate
An individual who has successfully completed a course of study at a college or university and has been awarded a diploma or degree.
Economics
The social science that studies how individuals, businesses, governments, and nations make choices on allocating resources to satisfy their wants and needs, trying to maximize their wealth or utility.
- Gain an understanding of the basic concepts in personal finance and methods for investment.
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Learning Objectives
- Gain an understanding of the basic concepts in personal finance and methods for investment.
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