PRESENTATION OUTLINE
SAVING/INVESTING PORTFOLIO
Intro Slide
-Savings Account
-Checking Account
-401k
-High-Grade Preferred Stock
-Growth Mutual Funds
Savings Account
- We invested $25,000
-Def: a deposit account intended for funds that are expected to stay in the short term.
-Interest rate: 0.03%
-Risk: Low
-Easy access for money you set aside to be available when needed
-Low or no fees
-Go to a bank to open up this type of account
-We chose this because it offers easy access to money when needed
Checking Account
-We invested $10,000
-Def: used for everyday expenses
-Interest Rate: little to none
-Risk: low
-most checking accounts have no monthly fee
-you can open an account with only $50
-You can go to a bank to open up this type of account
-we chose this because we need it for everyday use
401k
-We invested $20,000
-Def: employer sponsored investment tool that is taxed deferred - employer may match any contributions
-interest rate: low-medium
-Risk: medium
-workers can contribute up to $17,500
-employees aged 50+ can deposit an extra $5,000
-to open this account, go to a bank
-we chose this because it's good for retirement
Growth Mutual Funds
-We invested $30,000
-Def: invest in less stable companies with hopes of high growth in future
-interest rate: medium-high
-risk: high
-offers superior free cash growth at the right price, to help pursue long term growth
-above average returns on capital, and justifiable valuations
-go to the bank to open this account
-we chose this b/c it wasn't too big of a risk and we'd get a big return
HighGrade Preferred Stock
-We invested $15,000
-Def: buying ownership in a corporation
-interest rate: medium-high
-risk: medium
-you are buying into a company
-stock values fluctuate
-go to a bank to open it
-we chose this b/c its a good investment with a good return
Diversification
-owning a collection of investments such as stocks from different industries and small & large companies, bonds, and money market funds for cash, in order to spread risk and have a safer investment overall.
