Required Source:
https://open.umn.edu/opentextbooks/textbooks/31
Submit a 3-4 page essay response to the following topic. Your writing must be supported by your research documented using APA style in-writing citations and a References section. You must include a minimum of three sources. The textbook is an acceptable source. Your work must be submitted in docx or pdf formatting.
The stock market has been very volatile during the pandemic. Currently, the stock markets are down for the year and inflation is anticipated to remain high for a period of time. Some economists are writing about the risk of stagflation. The Federal Reserve recently increased their rates which results in other interest rates to increase. Mortgage rates have increased to over 4%. For this essay, discuss your investment strategy based on the current uncertainty in the market. How will you invest your money. How will you put your money to work for you? We’ve looked at many ways to invest over the course of the semester. This essay is not limited to the topics in this Unit’s chapters.If you do not already have savings beyond your $1,000 emergency fund, assume that you have $25,000 available.