7
QuizMultiple Choice

Investing in Stocks

Question 7 • 26-27 Ignite Financial Literacy Personal Finance - EL3403

Mark is looking for professional financial assistance. Mark has never invested before and is not quite sure where to start. He knows that he wants to build up investments for future projects such as retirement, but he is not sure how to navigate investment in light of his existing debts. Recommend an appropriate financial professional for Mark.

Answer
A
Full-service broker
B
Discount broker
C
Accountant
D
Financial planner

Explanation

Mark needs broad guidance, not just help placing investment trades. A financial planner can help him set long-term goals, consider retirement investing, and weigh those plans against his existing debts. A full-service or discount broker mainly assists with buying and selling investments, while an accountant focuses on accounting and tax matters.

AI-written and checked against the verified answer.

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