Choose wisely. There is only one correct answer to each question.
0%
Keep studying!
Review your answers below to learn more.
1.
To encourage investors to take risks, the rewards for those investments must _______.
Rise accordingly. Rewards generally must rise with the level of risk involved; otherwise, investors will not be attracted to them.
2.
Saving tiny amounts of money periodically is a nice idea, but is not practical.
False. Saving small amounts periodically can be done by setting them aside and putting them into a savings or investment account, and they can grow substantially over many years.
3.
A financial goal that you set might fail because it was _______.
Any of the above. These are all things that sabotage ones efforts. Thats why clear goal-setting is needed.
4.
To keep on track with your financial goals, you can measure them periodically.
True. With a measurement system, you can adjust the way you are funding them.
5.
If you set a financial goal and it fails, what could be a reason why it failed?
Any of the above. A goal could fail for any of these reasons.