Anthony Coppola
Introduction
Wondering when to initially invest in the stock market is a troubling question to millions of Americans. The problem with this is there is no one specific answer to this question. Many studies have been done and it is a fact that the earlier you start investing the benefits will be greater. If you invest early it makes retiring early more likely (cnbc). However, when interviewing the president of Capital one Investing he suggests that his clients have roughly six months of savings in the bank before they start investing (Money CNN). This is due to if the market crashes they want their clients to still have money in the bank.
Methods
Participants
For this study the research conducted was from students at the University of Iowa. This study was taken randomly on the campus, involving both males and females. The survey consists of an equal amount of freshman, sophomore, junior, and seniors. The goal of this is to see who invested and when to find the best age to invest in Wall Street.
Procedure
The participants for this experiment took a short online survey that was created on google forums. These questions were simple and included yes or no answers and a few short open ended responses. Overall the survey took under four minutes to complete. The questions were written to figure out when the best age to invest would be and for those invested if they benefited by learning how to handle money.
You have a very clear topic of research, but maybe you can expand your intro part. Instead of concluding "Many study have been done...", you can list two or three or them so that the audience have a better idea that a lot of professionals in this field support this point of view.
ReplyDeleteYou have a very specific participants. After doing the survey, I would state the number of participants in the study.