Shuichi graduated from college two years ago. He has already accumulated enough money in his savings account and money market to meet basic contingencies, and now wants to begin investing a portion of each paycheck to earn a high rate of return over the long run. His best choice as a young recent graduate would be to put money into a bank savings account regularly.

Question

Quizplus · Accepted Answer

Putting money into a bank savings account may be a safe option, but it typically yields a low rate of return. As a young recent graduate with a long-term investment horizon, Shuichi may want to consider investing in stocks, mutual funds, or exchange-traded funds (ETFs) to potentially earn a higher rate of return over time. Of course, these types of investments come with higher risk, so Shuichi should carefully consider his personal financial situation and investment goals before making any decisions.

Shuichi Graduated from College Two Years Ago