Compare investment and savings options.

Comparison should explain the concept of present value and future value as it applies to investment and savings options. It should also include the following characteristics of each option, as well as the risks vs. potential return of each option:

• Savings options (including regular savings accounts, CDs, and money market funds or accounts) are available from commercial banks, savings banks, savings and loan associations, credit unions, and brokerage firms.
• Investment options (including stocks and bonds, government savings bonds, treasury securities, mutual funds, exchange traded funds, real estate, trusts, annuities, and retirement plans) are available from commercial banks, brokerage firms, and employer retirement systems.

In addition, comparison should address factors used to compare savings and/or investment options (i.e., risk, potential reward, convenience, liquidity).