Choose wisely. There is only one correct answer to each question.
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1.
Which statement is true?
You may have more portfolios than you have investments. Depending on how many goals you have, you may have more portfolios than you have investments. That's fine.
2.
A danger of becoming a "collector" of investments rather than a holder of a real portfolio is that _______.
You could lose sight of your investment goals. Many collectors inevitably buy investments for the wrong reasons, especially after years of doing so.
3.
What are some benefits of mapping out your investment goals?
All of the above. All of these are benefits, though not everyone may need to make the tradeoffs.
4.
Why should you consider using a government or employer plan to fund your retirement goals?
Both of the above. Plans of this nature encourage participation by offering some kind of tax break and/or contributions by your employer.
5.
How many investment goals do most investors have?
More than one. Although most of us start out with one goal, we often end up with multiple goals as our lives change.
