Personal Investment Team 7Project OutlineScenarioAssumptionsResourcesPersonal InvestmentTeam 7Tzu-Keng Chiu Michael Dellosa Andrew NimrodProject OutlineThe project that Team 7 will be undertaking is the comparison of investing in stock’s vs. mutual funds vs. IRA’s•Method of comparison will be each investment type’s profit vs. risk level compared to the others investment profit vs. risk levelScenario•You are a 23 year old college graduate that has just started a job paying $55,000 dollars a year and want to invest 10% of your yearly salary in the market ,but is not sure on which route to go. So you decide to look at investing your money into stocks, mutual funds, or an IRA for a 10 year period in hopes that you will be able to make enough for a nice down payment on a house.Assumptions•Annual salary raise of 5.5% (roughly 3K)•Market inflation of 3% per year•First year tax bracket of 25% •Second year on in the 28% tax bracket•Same employer for the 10 yr periodResources•Internet•Campus Library•Class book (write book name in
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