Explain how saving and investing contribute to financial well-being, building wealth, and helping meet personal financial goals. Compare and contrast saving and investment strategies, such as savings accounts, certificates of deposit, stocks, bonds, mutual funds, employer sponsored savings plans, physical assets, and commodities. Design a diversified saving and investment plan that includes strategies compatible with personal goals. Include time value of money and compound interest calculations in analysis.
Standard detail
16.
Depth 1Parent ID: 3A78ECE8CFC7412F96A954BB04459D6FStandard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 16.
- List ID
- 16.
- Standard ID
- D18B5D1E71AA41FFB8C703AB18E06D44
- ASN identifier
- S2588295
- Subject
- Personal Finance (2014-)
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- 3A78ECE8CFC7412F96A954BB04459D6F
- Source document
- Personal Finance Standards (2014)
- License
- CC BY 3.0 US