Case Study: Just Turned 21

When Rochelle turned 21 her father wrote her a check for $8000 and told her the only thing she needed to do was come back with a solid investment plan. Rochelle needs to think about how long she can invest those funds. If she doesn’t need the money for 7 years or longer she should consider equity mutual funds. On top of that, Rochelle should take a look at her budget. Can she add more to her account on a monthly basis? If so, she can set it up to have the money automatically taken out of her checking account and into her investment account. That would make it easy and painless. And if she can add to her account it provides the potential to grow much faster. (this disclaimer below should be part of all case studies) This case study is for general information only. This is not intended to be used as the basis for decision-making. You should speak to a qualified professional before making any investment decisions.

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This case study is for general information only. This is not intended to be used as the basis for decision-making. You should speak to a qualified professional before making any investment decisions.