Question Description
- Click on “THREE: Investment Strategies Exercise” above to submit your assignment.
FOUR: Retirement Exercise
So, if we can’t depend on Social Security (in which dependence was never the original intention), what are we to do? The four most important things to remember when it comes to retirement planning are (1) plan, (2) implement, (3) adjust, and (4) implement the adjustments. Oh! And trust God when the plan doesn’t work out quite like you expected.
- Read Chapter 18 of the textbook by Kapoor, Dlabay, & Hughes
- Complete the exercises found at the following website.
- Write 2-3 paragraphs about how you hope to achieve your goal.
Support your work with scholarly academic resources, textbooks, or other sources provided. Use of APA format is required.Click on “FOUR: Retirement Exercise” above to submit your assignment.
FIVE: Investing Paper
There’s a world of difference between saving and investing, so what are those differences? How much should you have in “savings” before you really start “investing”? Or should you do both concurrently? Why or why not?
- Read Chapter 13 of the textbook by Kapoor, Dlabay, & Hughes
- Read pages 18-23 of Clayton Cramer’s Personal Finance Tips
- Write a 2-3 page paper comparing saving and investing, answering the questions above somewhere in the context of your paper. Consider calling your banker and / or your financial advisor and get their response to these questions.
- Distinguish clearly the similarities and the differences between saving and investing.
- Make sure the questions are completely answered in a narrative, i.e., do not list the question and submit the answer in bullet-points.
- Use personal examples where possible.
- Include information from at least 2 academic sources.
Ensure that you use the Paper Writing rubric to guide your efforts and support your work with scholarly academic resources using APA format.