Your friend says, “I have some extra money, but I’m not sure if I should save or invest it.” What key questions would you ask your friend to help them figure out what to do?

Respuesta :

Answer:

just I will say to save because it will be use for their future

When someone has extra disposable money, it is advisable to make investments of such money for the chances of gaining returns on such money over a period.

What is investment?

Investments can be regarded as the monetary engagements in such classes with a view to earn good returns over a period.

Generally, extra money shall be invested rather than saving, because savings will not be able to give attractive returns. However, there is also a risk of losing money in such investment.

Hence, the extra or disposable money must be deployed in some sort of investments.

Learn more about investments here:

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