1. Suppose you have a friend who is always getting into trouble by taking unwise risks. What advice, based on what you have learned in this course, would you give this person? Conversely, what advice would you give someone you believe to be excessively wary of risk? Also, suppose you are an investor in the stock market. What would be your position in that market now?
2. The friend is thirty and has saved $6,000 and wants to put it into something that pays better than a passbook savings account. Is starting to think about saving for stop working, once the student loans are paid off.