your friend says, "i have some extra money, but i’m not sure if i should save or invest it." what key questions would you ask your friend to help them figure out what to do?

Answer below:

Explanation:

I would ask if he wants the highest return rates possible? interested in setting money aside to take advantage of compound interest and letting it grow over time? If you choose to invest do you understand that it comes with possible risk? Do you prefer playing it safe and getting an annual return of 0 to 2 % or playing it risky by investing and getting a potential 6 to 10 % annual return?