Investing

Question 1

short-term goal✔ long-term goal

Revolt · Accepted Answer

✔ long-term goal; Saving money for a house is a.: long-term goal; Saving money for a rainy day or an emergency is a.: short-term goal; Saving money for retirement is a.: long-term goal

Question 2

Saving money for a rainy day or an emergency is a[___].

Revolt · Accepted Answer

short-term goal

Question 3

Saving money for retirement is a[___].

Revolt · Accepted Answer

long-term goal

Question 4

✔ short-term investment long-term investment

Revolt · Accepted Answer

✔ short-term investment; A savings account is an example of a.: short-term investment; Real estate is an example of a.: long-term investment; A US savings bond is an example of a.: long-term investment; A 401(k) account is an example of a .: long-term investment

Question 5

short-term investment✔ long-term investment

Revolt · Accepted Answer

✔ long-term investment

Question 6

short-term investment✔ long-term investment

Revolt · Accepted Answer

✔ long-term investment

Question 7

short-term investment✔ long-term investment

Revolt · Accepted Answer

✔ long-term investment

Question 8

Which answer best shows all of the elements you need to consider when choosing an investment?

Revolt · Accepted Answer

liquidity, risk, time, and return

Question 9

Which type of investment would be an example of an investment at point A?

Revolt · Accepted Answer

a savings account

Question 10

Which type of investment would be an example of an investment at point B?

Revolt · Accepted Answer

a stock

Investing Answers

More from this Course

TRY EDGENUITY HACKS