Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.
In this discussion, you will have an opportunity to make connections between your prior knowledge and the new content you are learning this week. Use your results from this week’s “Build Your Proficiency” Diagnostic to provide context for your prior knowledge and consider the new content about stocks, bonds, mutual funds, and other investment types as you respond to this discussion prompt.
Last week, you considered how much money you might need in retirement. This week, you will learn about the investment options to help you save for that future. Consider the investment options discussed this week (stocks, bonds, mutual funds, real estate).
Respond to the following in a minimum of 175 words:
- How would you choose to invest your retirement savings? Why did you choose that option(s)?
- What should you take into consideration when beginning to plan for investments?
- How could you address investment risk in your plan?
- How did your results from the “Build Your Proficiency” Diagnostic reflect an understanding, or lack of understanding, about this content? How has your understanding changed this week?