A new employee is in her mid-20's. She is quiet and a bit shy but very friendly and extremely competent at her job. She tells you that she knows nothing about investments and is terrified of losing money. She intends to put 100% of her contributions into the money market fund because someone told her that is the only way she can guarantee that she will not lose all her money. She asks for your advice. What advice would you give her? (3 points – Don't

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter13: Investment Fundamentals
Section: Chapter Questions
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Business 123 Introduction to Investments

May I please have the solution for the following writing exercise?

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A new employee is in her mid-20's. She is quiet and a bit shy but very friendly and extremely competent at her job.
She tells you that she knows nothing about investments and is terrified of losing money. She intends to put 100%
of her contributions into the money market fund because someone told her that is the only way she can guarantee
that she will not lose all her money. She asks for your advice. What advice would you give her? (3 points – Don't
Transcribed Image Text:A new employee is in her mid-20's. She is quiet and a bit shy but very friendly and extremely competent at her job. She tells you that she knows nothing about investments and is terrified of losing money. She intends to put 100% of her contributions into the money market fund because someone told her that is the only way she can guarantee that she will not lose all her money. She asks for your advice. What advice would you give her? (3 points – Don't
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