Understand Life

13. How do you invest your money? (Part 1)

Informações:

Sinopsis

This week we start talking about different types of savings and investment accounts. The goal is to get the kids to understand the pros and cons of each account type. In this week's part 1 of this question, we will go over savings and money market accounts, CDs, stocks, and bonds. The details are mostly about the amount of risk and expected return. We also cover how inflation affects purchasing power.  Enjoy the show. See the show notes at www.leonardnieman.com/podcast/13. Support us at www.Patreon.com/understandlife.