Savings and Investment

What are the two options for investing?

• Invest in yourself and invest in a business.
• Invest in multiple companies and invest in someone's education
• Invest in gold and invest in banking
• Invest in time and invest in yourself

What is entrepreneurship?

• The ability of large groups to start new businesses, introduce new products and processes, and improve human resources
• The ability of businesses to acquire each other long term
  
• The ability of individuals to start new businesses, introduce new products and processes, and improve management techniques
• The ability of governments to start new enterprises to enhance the lives of their citizens

An example of a diversified portfolio is...

• Buying bonds
• Buying stock in Apple
• Buying stock in McDonalds, Pizza Hut, Subway, King Soopers, and Burger King
• Buying stock in McDonalds, Nike, Apple, GE, Walmart, and Utilities

What are some of the different options for saving?

• Savings accounts, checking accounts, debit accounts, and credit cards
• Time deposit, savings account, CDs, and  Money Market
• Federal deposit insurance corporation
• Investing in entrepreneurs

Why should you save?

• Family Vacation
• Car down payment
• Retirement
• All of the above

How much savings should you have?

• 3-6 months worth of expenses
• 1 year of expenses
• 2 years of expenses
• 1-2 months of expenses

How much savings do you typically earn from a savings account?

• 8-10%
• 5-6%
• 2-3%
• 1-2%