https://padlet.com/bensence241/nzkx3addu4ylbe45 en-us 2022-07-31 19:46:22 UTC 2022-08-04 03:34:52 UTC hello@padlet.com https://padlet.net/icons/png/1f4b0.png bensence241 https://padlet.com/bensence241/nzkx3addu4ylbe45/wish/2252378121 I would invest $5,000 in getting a car and put that money in a put and take account to ensure i don't lose any money

There are no risks 

]]> 2022-07-31 19:49:03 UTC https://padlet.com/bensence241/nzkx3addu4ylbe45/wish/2252378121 bensence241 https://padlet.com/bensence241/nzkx3addu4ylbe45/wish/2252378143 I would invest $2000 into my retirement account. Because im opening an IRA the money i put in would gain compound interest.
Risks: Penalty if you take money out before 59
           Limit to contributions 
Required withdrawals at age 70]]> 2022-07-31 19:49:16 UTC https://padlet.com/bensence241/nzkx3addu4ylbe45/wish/2252378143 bensence241 https://padlet.com/bensence241/nzkx3addu4ylbe45/wish/2252378168 I would put $2,000 into my Education Savings Account and wouldn't invest in anything, thus reducing the risk to 0.]]> 2022-07-31 19:49:25 UTC https://padlet.com/bensence241/nzkx3addu4ylbe45/wish/2252378168 bensence241 https://padlet.com/bensence241/nzkx3addu4ylbe45/wish/2252378200

I would put my final $1000 into a certificate of deposit to earn interest
Risks: Reinvestment risk 
           Early Withdrawal risk 
           Risk of inflation ]]> 2022-07-31 19:49:40 UTC https://padlet.com/bensence241/nzkx3addu4ylbe45/wish/2252378200