Cameron needs a place to store his savings, but the investment doesn’t need to be liquid anytime soon. Which investment would make the MOST sense?
-mutual fund
-money market account
-real estate
-checking account
1 answer
Real estate would make the most sense for Cameron if he doesn't need the investment to be liquid anytime soon. Real estate can be a good long-term investment that can appreciate in value over time. However, it is important to consider the potential risks and expenses associated with owning and maintaining real estate. Mutual funds and money market accounts are more liquid options, but they may not provide as high of a return as real estate in the long run. A checking account is not an investment and usually earns very little interest.