Dennis is planning to invest his money to earn more. He is willing to take a little risk by buying incomeearning assets to help him earn more. However, he wanted to make sure that when he needs the money he invested, he will be able to get part of it immediately. What type of investment would you advise Dennis to buy? Why?

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter6: Saving And Investing
Section6.3: Special Savings Plans And Goals
Problem 5R
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Dennis is planning to invest his money to earn more. He is willing to take a little risk by buying incomeearning assets to help him earn more. However, he wanted to make sure that when he needs the money he invested, he will be able to get part of it immediately. What type of investment would you advise Dennis to buy? Why?

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