Which of the following is a common investment mistake that many retirement plan participants make?
A) not investing heavily enough in common stock issued by the employer
B) investing too heavily in common stock when close to retirement
C) participating in an employer-sponsored retirement plan to obtain matching employer contributions
D) participating in an employer-sponsored retirement plan and contributing the maximum amount allowed
Answer: B
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To revitalize the downtown area both the merchants and the city plans to spend $1 million dollars on new lighting, walkways and storefronts
What will be an ideal response?
Since stockholders are able to reduce their exposure to risk by efficiently diversifying their holdings
of securities, there is no reason for individual firms to seek diversification of their holdings of assets. Indicate whether the statement is true or false