Of the following statements,which one accurately describes what investments are?
A)A foundation for your savings
B)Savings vehicles that provide the same return as certificates of deposit
C)Savings vehicles with no risk
D)A way to have your money grow faster than inflation

Question

Quizplus · Accepted Answer

Investments refer to strategies or vehicles that allow you to grow your money faster than the rate of inflation. This means that investments have the potential to provide greater returns than simply saving your money or using low-risk savings vehicles like certificates of deposit. While there is risk involved with investing, the potential for higher returns is the reason why many people choose to invest their money. Therefore, option D is the most accurate description of investments.

Of the Following Statements,which One Accurately Describes What Investments Are