Having just returned from serving with the u. s. marines in afghanistan, nick has managed to save most of his earnings. he has enrolled in the local community college and he is back living with his parents while he assimilates back into u. s. life. as his business major friend, he has come to you for advice. he would like to see his $40,000 savings grow, yet he knows that he will need it in about five years when he and his girlfriend are out of school and make plans to get married. he also worries that his car may break down and he will need to invest in another used car. what would you suggest for nick?

I would suggest that Nick invest the money he owns, or part of it.

Explanation:

If Nick invests his money, he can multiply that money in a short time. Which will be much better and safer than just saving the finances without the possibility of increasing them and at the risk of spending them.

I would tell Nick to research on how to invest, which markets are appropriate and most profitable, how much money he could invest, and how long the return on profits he would need.

By investing, Nick will have full control over his investments. Once you have done your own analysis.

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