Fixed-income investments involve loaning money for a period of time in exchange for periodic interest. Income is the primary objective and some investments also have growth potential if sold for a premium prior to maturity. This unit has reviewed characteristics of 15 specific fixed-income investment products, including advantages, disadvantages, and required minimum investments. Now you need to consider appropriate fixed-income investments that mesh with your personal financial goals. Use the Fixed-Income Investment Comparison Worksheet to make investment decisions and complete the action steps for this unit.
Fixed-Income Investment Comparison Worksheet
|Characteristic||Fixed-Income Investment #1||Fixed-Income Investment #2||Fixed-Income Investment #3|
|Rate of Return (recent or projected)|
|Maturity Date, if any|
|Minimum Investment Amount|
|Minimum Subsequent Investment Amount|
|Tax Advantages, if any|
|Frequency of Interest Payments|
Work on the Action Steps now to get started.