Lecture 3: Basic Investing—Keep It Simple

Basic Investing—Keep It Simple ......................................................

Lecture 3

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shares of a money-market mutual fund—is what smart investing

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characteristics of investments so that you can decide which investments

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various investments and their basic features, you will be exposed to a way of

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Liquidity

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immediate resources to cover a health emergency, spending

during a period of unemployment, or payment for an unexpected

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investors need to be compensated for locking up their money,

investments that are easier to exchange for cash will have a lower

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