Investment Comparison

Investment
1:Mutual Funds

Investment 2:IRA

Investment
3:Corporate
Bonds

20%

0.05%

5%

$500

$1000

$1000

$100 Monthly

$50 Monthly

$25 Monthly

FDIC

FDIC

FDIC

Depends

5 years is minimum

10%

None, funds
distributed at age
70.5
10%

None

As high as 5.75%

None

0.25% of annual
net assets

$10

$25

Personal Savings

Retirement

Personal Savings

Annual Interest
Rate

Minimum Initial
Deposit (e.g.
$500, etc.)

Minimum
Subsequent
Deposit
(Monthly,
Weekly, Every
Pay, etc.)

Safety (insured
by FDIC, NCUA,
other

Date to Maturity

Penalty for early

withdrawal

Depends on the
bank and if there is
one

Up-front cost or
commission, if
any

Service Charges,
Fees

Investment
Objectives
(retirement,

Investment Comparison
personal saving,
college, other)

1. Which investment seems to be the best option for you? Why? Which is the
least? Why? What surprised you the most when researching your
investments? What was the most difficult part? (give detail)
I
would like the Mutual Funds because the interest rate is the highest out of all
of the options that I researched. The one that I liked the least is the corporate
bonds because they have a lower rate than the mutual funds and they are
not for retirement plans like the IRA.
2. What investment option could you start in the near future?
In the
near future, I could see myself starting an IRA.
3. What is the most important aspect of investing for you?
The most
important aspect of investment for me is the value of the return.
4. Discuss investing with an adult who has investments (of any kind). Ask how
they started investing, what age they began investing, why they invest, and
what they recommend/suggest before starting any kind of investment.
I talked with my dad about the investments that he has made in his
life. He only started taking out investments recently. He says to invest
early on in life and make sure you have enough money to invest.