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2 January, 16:15

Faisal and Torie each want to make an investment, but they have different needs. Based on the information, which investment options would best suit the needs of both Faisal and Torie?

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  1. 2 January, 16:40
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    Money Market and Savings account.

    Explanation:

    Money market is a form of Financial Market which offers short term loans and trade of instruments with short term maturities with high liquidity. Generally the maturities of instruments trading here are less than a year.

    The investment best suited to Faisal is Money market and saving account. Money market offers high liquidity with moderate returns. This offers low risk and safe option for its investors.

    For Torie the best option is to invest in savings account because it offers low risks to its investors but also it provides low returns on investment. It is less liquid than money market.
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Home » Business » Faisal and Torie each want to make an investment, but they have different needs. Based on the information, which investment options would best suit the needs of both Faisal and Torie?
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