Ben Sax – Mustangs Ahead
(LAKEWOOD RANCH, FL)- April is Financial Literacy Month, which recognizes the skills that allow an individual to make informed and effective decisions with their financial resources.
Investing is a process many students hear about, but may not be familiar with.
Some examples of different investments are stocks, bonds, and retirement funds. Investor.gov provides basic information on the subject.
LRHS economics teacher Vito Bavaro said that students should know that “investing should be long term.”
To begin investing, Bavaro said to “find a professional who can guide you and come up with a plan that works for you.”
The best way to invest is to spread money into several different types of investments.
Although investing can be a good way to make money, there is a danger if you decide to invest. Bavaro said, “There is always a chance to lose money when investing.”