The images show what happened to two people who invested $1,000.
Gale starts with $1,000.
Gale's investments:
- Savings account: $200,1% retum
- Mutual fund: $600, 7% return
- Stock:
$200, -10% return
Alex starts with $1,000.
Alex's investments:
- Stock:
$1,000, -10%
return
Value one year later:
Profit:
$1,024
$24
Value one year later:
Profit:
$900
($100)
Which investment advice would Gale most likely give to Alex?

Question

09-11-2020
Law

contestada

The images show what happened to two people who invested $1,000.
Gale starts with $1,000.
Gale's investments:
- Savings account: $200,1% retum
- Mutual fund: $600, 7% return
- Stock:
$200, -10% return
Alex starts with $1,000.
Alex's investments:
- Stock:
$1,000, -10%
return
Value one year later:
Profit:
$1,024
$24
Value one year later:
Profit:
$900
($100)
Which investment advice would Gale most likely give to Alex?

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suchetasVT suchetasVT · Answer 1 · 2022-06-07T09:23:01+02:00

The investment advice that Gale most likely to Alex is to invest in Mutual funds, as an investment in mutual funds will have a better return than any other investment.

What are mutual funds?

A mutual fund is an organization that brings collectively cash from many human beings and invests it in stocks, bonds, or different properties.

The mixed holdings of stocks, bonds, or different properties the fund owns are called its portfolio.

Hence, The investment advice that Gale most likely to Alex is to invest in Mutual funds, as an investment in mutual funds will have a better return than any other investment.

learn more about mutual funds here:

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