The experts say that a person under the age of 40 should have a majority of their retirement money invested in the stock markets. What is the reason for this?
A) On average, common stocks provide a higher return on investment than other investment options.
B) Younger people have enough time ahead of them to ride out any dramatic market movements.
C) Younger people generally don't have enough money to invest in other options.
D) All of the above are correct.
E) Only A and B are correct.
Answer: E
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A credit is used to record:
a. A decrease in an expense account. b. A decrease in an asset account. c. An increase in an unearned revenue account. d. An increase in a revenue account. e. All of these.
In the BCG growth-share matrix, question marks refer to products or businesses with a ________
A) low market share in a niche market B) low market share in a market with high growth prospects C) greater market share than all their competitors combined in a saturated market D) high market share in a market with a high growth rate E) low market share in a market that is set to shrink significantly