Directions: Choose one option and post your reply. Use at least 3 complete sentences and be sure to answer each part of the prompt completely. Use your class notes as well as the posted PowerPoints for reference.
Option 1
Why is it so important to understand your personal finances? What types of problems are more common to people who do not have their finances under control?
Option 2
Briefly describe the three basic types of investments: stocks, bonds, and cash. How can you invest in these types directly? How can you invest in them indirectly through a mutual fund?
Option 3
Visit a website that offers online home financing. State the website, describe the options offered, and discuss the advantages and disadvantages of each option.