Answer:
Savings account: A savings account is a bank account that earns interest on the money deposited. The level of risk is low, and the returns are also low, usually below the rate of inflation.
Certificates of deposit: Certificates of deposit (CDs) are a type of savings account that has a fixed term and interest rate. The level of risk is low, and the returns are higher than savings accounts, but still low compared to other options.
Stocks: Stocks are a type of investment that represents ownership in a company. The level of risk is high, and the returns are also high, but can be volatile.
Bonds: Bonds are a type of investment where the investor loans money to a company or government in exchange for regular interest payments. The level of risk is low to moderate, and the returns are moderate.
Mutual funds: Mutual funds are a type of investment that pools money from multiple investors to buy a portfolio of stocks, bonds, or other securities. The level of risk and returns depend on the specific mutual fund.
Employer sponsored savings plan: Employer-sponsored savings plans, such as 401(k)s, are retirement savings accounts that allow employees to contribute pre-tax income. The level of risk and returns depend on the specific investment options offered.
Physical assets: Physical assets, such as real estate or gold, are tangible items that can be bought and sold. The level of risk and returns depend on the specific asset.
Commodities: Commodities, such as oil or agricultural products, are raw materials that can be bought and sold. The level of risk and returns depend on the specific commodity.