https://padlet.com/Sugarcookielover102/sbiq6wkl4c1s en-us 2016-12-08 13:05:05 UTC 2016-12-09 00:04:48 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Growing.png Sugarcookielover102 https://padlet.com/Sugarcookielover102/sbiq6wkl4c1s/wish/142525923 People at different ages and stages of their lives have different motivations for investments. People at a younger age, such as people who just got out of college, have different types of investments from people who have just retired. The textbook says at age 25-35, "your goals might be paying off debt, saving for a down payment on a first home, establishing a college fund for your children, and/or putting away funds for retirement" (10). Also, it says, "a good investment goal for this stage of life may be to put approximately 10 percent of your income toward retirement" (11). So basically these people are saving for their futures. The people who have already retired are investing for other reasons. The textbook says that after retirement, you should "study the options you have for taking money from your retirement accounts and the impact they will have on your taxes" (11). It then says to "review your combined potential income after retirement and reallocate your investments to provide the income you need and some growth in capital to help beat inflation and help fund your later years" (11). This means these people are planning on taking out the money they invested, but they have to be careful because this can affect their taxes.]]> 2016-12-08 13:06:59 UTC https://padlet.com/Sugarcookielover102/sbiq6wkl4c1s/wish/142525923 Sugarcookielover102 https://padlet.com/Sugarcookielover102/sbiq6wkl4c1s/wish/142526754 My friend just got out of college and wants to start planning for her future. Her investment plans are to save money for her kids. 
 But, she also wants to make enough money so she will be able to pay off her student loans. Lastly, she wants to start saving money for retirement. To do this, she needs to be informed and make sure she knows what she is being charged. She also needs to check her statements. It is also important for her to know about her fees and what she what each fee is caused by.]]> 2016-12-08 13:10:56 UTC https://padlet.com/Sugarcookielover102/sbiq6wkl4c1s/wish/142526754