The basic economic questions that all societies must answer If you now, or will soon, earn extra money, do you plan to save or invest any of it? Search for an answer or ask Weegy. Using your savings to buy something you think will increase in value is known as A. pension. B. investing. C. price. We should pay this fee, revoke the Fed charter and launch a new US dollar issued by the Treasury Department Answer the following questions in a written form. BITCOIN LAST 1 YEAR CHART

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Should it be part of your plan?

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For example, certain types of bond funds can counterbalance market volatility so a starting point could be with bonds. Next, they have to choose an advisor that will put together a program designed to accomplish those goals.

Q: What is a recommended portfolio diversification for a beginner i. The short answer is, if they are investing for the long term they are going to see more growth in blue chips and mutual funds that pay rising dividends over time. The worst that happened in any 20 year period is that you quadrupled your money.

A: There are many factors that play a role when it comes to someone investing. Things like: How involved the person wants to be with their investments, i. A: I approach it as a process and it should be the same no matter who the individual works with Get a feel for who they are, what they want to accomplish and why Determine where they are coming from, their psychology about money, their values and their belief system around money and investing.

Ask them to quantify this as much as possible, in terms of their goals for the account, their psychology about risk Tax needs Are goals realistic Am I a good fit for them and vice versa Based on the above , I will then go through the courses of action and next steps. I will be transparent about: The cost structure of each option The degree of involvement each party needs to have for each option Fees for services I will then set up a periodic review for each account, i.

Q: What are some important questions a client should ask their financial advisor before investing? Are you looking for safety , income or growth from this investment? Or both growth and income? What are the risks of this investment? Are you comfortable taking these risks?

How much do you expect to earn on this investment? Is this realistic? How long do you plan to investInvest To use money for the purpose of making more money by making an investment. Often involves risk. Is this a short-, medium- or long-termTerm The period of time that a contract covers. Also, the period of time that an investment pays a set rate of interest.

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