Based upon Judd and Judi’s education, I would recommend Judi to choose a career from commercial banking. There are a tremendous range of finance career opportunities and she already has the experience in banking. Other career options wouldn’t fit Judi because she is against investments. For Judd, I would recommend him to look for a career in investment management. Not only does he have the background education in Business Administration but he also has experience and it’s something he is interested in. I believe each would be perfect for the recommended careers because of their education and experience backgrounds.
(B) Explain to Judd and Judi, the proper application of the investment process, versus their current “anti-debt slash pro brand name” approach to selecting investments.
The investment process brings together suppliers who have extra funds with demanders who need funds. There is a direct transaction between suppliers of funds and demanders of funds. The funds from both usually come together by either a financial institution or a financial market. Judd is all about investing, but Judi is not. What she doesn’t think about is she is already apart of investing. They are apart of investing by buying a house or a car, having a loan for something they wanted, and even by paying for education.
(C) Differentiate for Judi and Judd, high risk versus low risk investments, and short-term versus long-term investments.
High-risk investments provide much higher returns, on average, but they also have the potential for much larger losses. Low-risk investments provide a relatively predictable, but also has a relatively a low return. Long-term investments are those with longer maturities, a like common stock, with no maturity at