Minerva will be celebrating her 60th birthday two months from now. She was able to save certain amount of money from her 30 years in public school as Principal. She is now planning to invest it to earn something when she already retires. Which of the following options will you recommend? Why? a. Construct a resort to be rented out to others for team building, seminars, and other gatherings suited to the place; b. Invest in the latest trending Foreign Exchange (FOREX) trading in the Philippines which earns high rate of return; c. Buy different cars to be registered and used for rented transportation like GRAB.

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter27: Investment, The Capital Market, And The Wealth Of Nations
Section: Chapter Questions
Problem 9CQ
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Minerva will be celebrating her 60th birthday two months from now. She was able to save certain amount of money from her 30 years in public school as Principal. She is now planning to invest it to earn something when she already retires. Which of the following options will you recommend? Why?


a. Construct a resort to be rented out to others for team building, seminars, and other gatherings suited to the place;


b. Invest in the latest trending Foreign Exchange (FOREX) trading in the Philippines which earns high rate of return;


c. Buy different cars to be registered and used for rented transportation like GRAB. 

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