Question

Talk to a 25-year-old business professional who has a graduate degree and who is unmarried. This person can be a family member, friend, or mentor. Describe the savings and investments and risk management strategies this professional has adopted.

Answer 1

Answer and Step-by-step explanation:

A 25 year old business professional with a graduate degree who is unmarried has a broad number of economic strategies he can employ which includes:

1.He should begin a savings account when he gets his first paycheck.

2.He can as well invest in a 401 k retirement account in order to get matching funds from his employer.

3. He can as well invest in high risk stocks that pay a grant dividend reason been that he is single and can afford to take the risk.

Nevertheless He wil probably want to invest in buying a new or used vehicle to provide transportation for himself.

Above all, he must make provides a structured and coherent approach which will help him to easily identify, assess and manage the risk .