MGFB10H3 Study Guide - Smart Tv, Capital Asset Pricing Model, Sharpe Ratio
Document Summary
As the self- designated money manager of the family, julianne deems it her responsibility to find the best way to grow the family s savings. The high interest savings account at the bank only pays around 2 percent yearly, which is very low compared to the average of the past two decades, at about 6. 1 percent. To make the money generate the maximum positive output, a friend, who also works as a financial consultant, advised julianne to invest a chunk of the savings on the more rewarding but riskier stock market. As julianne has very little experience investing, her friend recommended starting with a smaller amount first and looking at businesses that she is familiar with. While researching investment blogs on her tablet and eye-picking financial news on the smart television set in the living room, julianne suddenly had a small revelation.
