logo

Personal Finance Assignment Solution

   

Added on  2021-02-19

7 Pages1143 Words55 Views
Finance
 | 
 | 
 | 
PERSONAL FINANCE
Personal Finance Assignment Solution_1

Table of ContentsINTRODUCTION...........................................................................................................................3MAIN BODY...................................................................................................................................3CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8
Personal Finance Assignment Solution_2

INTRODUCTIONThe personal finance can be defined as a kind of financial management that an individualunit perform in order to manage their financial resources during a particular time period. .(Cohen, 2016). Under the project report, different types of investment options and factors whichimpact to decisions are demonstrated. In addition, for better understanding graphical presentationof calculation is done to evaluate the investment alternatives. MAIN BODYOverview – As per the given task, there are $ 500000 which are given to a person by his uncle(trustee). That person is needed to conduct research on various types of investments and tochoose suitable method by proper calculation. Types of investment:Non residential property – This is a type of investment option in which investors can buyland in an area that is not used for residence purpose but can become residential propertyin futuristic time period. In above case, $ 500,000 can be used for purchasing a nonresidential property that should be sold when prices will high. Advantage – In this option of investment, the benefit is that in future, price of purchased land canbe higher in futureTerm deposit – In this method of investment , a fixed amount of money is deposited in anaccount for a limited time period and cannot be withdrawn before end of the maturityperiod (King and Carey, 2017). Advantage – Its advantage is that investors can get higher amount of interest on depositedamount. Managed funds – It is a kind of investment alternative in which invested money is pooledwith various investors by investment manager. Under this, revenue is provided to investoron a regular time period. Advantage – In this investor does not require any additional cost because investment managerinvests the money on their behalf.Investment in real companies – In addition , another option of investment is to invest inreal companies. Under this, individuals can buy share of companies and sell when priceof share price is high (McLeeland, 2016). As well as in these shares shareholders getfixed amount of return.
Personal Finance Assignment Solution_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Investment Options for $10 Million Lottery Win
|7
|1494
|127

Exploring Investment Options in Fiji: Opportunities and Risks
|9
|2801
|251

Benefits And Limitations of Hedging Analysis
|8
|1533
|18

Introduction to Real Estate Investment
|13
|2700
|264

Risk-Free Stock Market Investment
|4
|683
|298

Assignment on Investment Advice
|15
|3891
|28