The images show what happened to two people who invested $1,000.
Gale starts with $1,000.
Gal...
Law, 09.11.2020 20:10 chloespalding
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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