Ask your own question, for FREE!
Economics - Financial Markets 13 Online
OpenStudy (anonymous):

@sammixboo @sleepyjess @pooja195 EMERGENCY QUESTION!!

OpenStudy (anonymous):

@jim_thompson5910

OpenStudy (anonymous):

check my answer plz

OpenStudy (anonymous):

Xavier needs an investment that is low risk and offers tax savings. He doesn't mind if it has limited contributions per year. Which of these would suit his needs? CD IRA<----- MY ANSWER Money market Stocks

OpenStudy (anonymous):

@jim_thompson5910 @jim_thompson5910 @jim_thompson5910

jimthompson5910 (jim_thompson5910):

I think that's correct, but I would seek a second opinion.

OpenStudy (anonymous):

@Abhisar

OpenStudy (anonymous):

is the answer IRA

OpenStudy (dmndlife24):

Either CD or money market account because both are low risk and have great returns

OpenStudy (dmndlife24):

But it does have a lower interest rate than a CD so i would go with A.

OpenStudy (anonymous):

My two cents, that are solid is stocks are high risk. My opinion is the answer choice \(a\) aka CD is probably the correct answer. (I believe CD are safer than IRA too, not sure about IRA-Specific CDs.)

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!