Malik is a recent college graduate. He just started his first job as an investment representative for Edward Jones. He has carefully budgeted his finances, and plans to set aside $500/month for his retirement.

How would you recommend Malik invest his money?

Respuesta :

If Malik is looking for retirement investing, the following are some options to consider:

  • Retirement Income Funds
  • Dividend Income Fund
  • Bonds. etc. This is further explained below.

What is the investment?

Generally, investment is putting money somewhere with the expectation of a return.

In conclusion, The following are some investment opportunities that Malik may want to examine for his retirement:

Funds for retirees, funds for dividend income, bonds, etc.

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