Investing By Marcus Callaghan
How I got the money to invest. I’ve received a lump sum of money, $50,000, from my parents to help me out with college, a car, or whatever I would need it for. I have chosen to invest this money to make more money out of it.
Stocks – Aggressive. I have chosen to invest $25,000 in Boeing Stock.
Mutual Funds- Conservative Mutual Funds- Conservative. I have chosen to invest $10,000 in Fidelity Advisor Gold B
Roth IRA- I have decided to invest the rest of my $15,000 in Wells Fargo ROTH IRA.
Why I chose to invest my money this way. I chose to invest my money in these three different ways for the risk factor. I wanted something a little bit more risky, something I can grow my money big on, stocks. I also wanted something not that risky, like mutual funds, so I know I could gain a little bit of money on it over time without the factor of maybe losing it all. Then I wanted something not risky at all that I could but to the side and forget about until I am older, Roth IRA.