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Learn about different types of investment options from "summary" of Broke Millennial by Erin Lowry
When it comes to investing, there are a plethora of options available at your disposal. Some of these options include stocks, bonds, mutual funds, exchange-traded funds (ETFs), real estate, and retirement accounts such as 401(k)s and IRAs. Each of these investment options comes with its own set of risks and potential rewards. Stocks, for example, represent ownership in a company and can provide high returns over time, but they also come with a higher level of risk. Bonds, on the other hand, are debt securities issued by companies or governments and are generally considered to be less risky than stocks. Mutual funds pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities, providing a level of diversification that can help mitigate risk. ETF...
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