Suppose you have received a tax refund in the amount of $2,000. While you are tempted to spend it immediately on the newest iPhone, a FitBit, and some new clothes, you have decided to be financially responsible and save the entire amount. How would you save or invest your money- in a savings account, stocks, bonds, or mutual funds? Or a combination of each? Why? In 3-4 paragraphs explain your choice. Be very specific. For example, if you choose to invest in stocks, why did you choose this? Which stock(s) will you invest in? Which type of stock will you buy? How many shares will you buy? How did you evaluate the stock’s potential?
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