Which investment would not be an appropriate choice for a conservative investor?
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The law of large numbers increases risk for the insurance co…
The law of large numbers increases risk for the insurance company.
Retirement investments can easily be made with
Retirement investments can easily be made with
Blaine and Lindsay McDonald have total assets valued at $346…
Blaine and Lindsay McDonald have total assets valued at $346,000 and total debt of $168,000. What is Blaine and Lindsay’s asset-to-debt ratio?
After a job interview, you should immediately send thank-you…
After a job interview, you should immediately send thank-you notes expressing your appreciation for the opportunity to interview and restate your interest in the position.
A donation of old toys and clothes to the Salvation Army val…
A donation of old toys and clothes to the Salvation Army valued at $500 will save a single taxpayer in the 32 percent marginal tax bracket
Tom and Mindy want to keep $420,000 in cash equivalents that…
Tom and Mindy want to keep $420,000 in cash equivalents that are federally insured. They could accomplish this by
The concept of “pay myself first,” saving and investing befo…
The concept of “pay myself first,” saving and investing before you pay other expenses, is a characteristic of successful financial managers.
Compound interest will produce larger investment values than…
Compound interest will produce larger investment values than simple interest.
To make realistic estimates of income and expenses, reliable…
To make realistic estimates of income and expenses, reliable financial information is critical. The more accurate the estimates, the more effective the budget.