if you had the opportunity to buy a cabin in the mountains that you could rent to other people,...
TRANSCRIPT
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If you had the opportunity to buy a cabin in the mountains that you could rent to other people, would you buy it?
How could the cabin benefit you?
What problems could it cause?
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401(k) plan › is a tax-deferred retirement plan that some
employers offer to their employees.
IRA plans › individual retirement account
a savings plan with special tax benefits.
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Real estate› Your home is an investment› Renting
› Real estate risk and responsibilities Find renters You must pay the loan whether you are
renting or not You have to fix or find someone to fix things
that go wrong Real estate doesn’t always increase in value
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Collectibles› Antiques
› Never take big risks with money you’re not willing or able to lose.
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What does it mean to be a good sport?› Choose a professional athlete who displays
this quality.› Write a magazine article that focuses on
the athlete’s good sportsmanship.
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