Don Dillon Is a 24-Year-Old Graphic Designer

question 61

Multiple Choice

Don Dillon is a 24-year-old graphic designer.He eventually wants to get married,raise a family,and buy a house.He knows that he has to start putting money away so that his goals can someday become a reality.He has heard that investing is risky because you can lose money as well as make money.So Don decides to play it safe and deposit money in a bank on a regular basis.Why might this not be his best strategy?

• A) Stock investments will always result in high returns.
• B) It pays to take chances with your money.
• C) You can actually lose money with bank savings due to inflation and taxes.
• D) People usually benefit from risky investments.
• E) Most savings accounts are insured by the FDIC.

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Definitions:

Resident Assistants

College or university students who are responsible for supervising and assisting residents in dormitories, ensuring safety, and promoting community engagement.

College Campus

The land and buildings belonging to a college or university, where educational and administrative facilities are located.

Adolescent Suicide

The act of self-inflicted death by individuals in their teenage years or early twenties.

At Risk

A term used to describe individuals or groups that are exposed to a higher likelihood of experiencing negative outcomes or harm due to various factors.