Use the three-step process described in the text to select a mutual fund based on your current
Question:
Use the three-step process described in the text to select a mutual fund based on your current circumstances. What classification of fund(s) would be appropriate given
(a) the amount of money you have available to open an account,
(b) your time horizon for using the money,
(c) your goal or investment objective for the money, and
(d) your risk tolerance?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
To select a mutual fund based on your current circumstances using the threestep process described in the text consider the following factors a Amount ...View the full answer
Answered By
Shariq Aziz
My good experiences as a mathematics teacher. The satisfaction I get when I teach a concept in a way that my students may understand and show me how well they have learned,the smiles on their faces particularly those who are weak in mathematics show that they are enjoying the subject they once loathed.When they ask me questions to broaden their understanding,yes these are some good experiences I like to have everyday when I teach my students. So in short teaching mathematics should be more of a fun time rather then a burden.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Q1. You have identified a market opportunity for home media players that would cater for older members of the population. Many older people have difficulty in understanding the operating principles...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
The Hampshire Company manufactures umbrellas that sell for $12.50 each. In 2014, the company made and sold 60,000 umbrellas. The company had fixed manufacturing costs of $216,000. It also had fixed...
-
Your friend, Daniel Nat, recently began work as the lead accountant for Asheville Company. Dan prepared the following balance sheet for December 31, 20Y5: Asheville Company Balance Sheet December 31,...
-
The following information is available for PepsiCo, Inc. (in U.S. millions): In the notes to its financial statements, PepsiCo disclosed that it uses the FIFO and average cost formulas to determine...
-
Would it help to place the section where each processor prints "Hello World" in Fig. 12.2 in the critical section? If so why and if not, why not?
-
The following questions concern unqualified audi tor's reports. Choose the best response. a. An auditor's unqualified standard report (1) implies only that items disclosed in the financial statements...
-
The bank portion of the bank reconciliation for Phillips Company at October 31, 2014, was as follows. The adjusted cash balance per bank agreed with the cash balance per books at October 31. The...
-
Hello! I'd like to have a steps of accounting cycle answers. There are 9 steps below here. Thanks for helping me! Have a great day. Put the steps of the accounting cycle in the correct order: Post...
-
Describe a cash-balance retirement plan. What are the advantages and disadvantages for the employee? What advantages, if any, does this defined-benefit plan offer an employer?
-
Call one of the two largest brokerage firms that offer a "mutual fund supermarket'' (Charles Schwab at 1-800-435-4000 or Fidelity at 1-800-544-9697) or visit its Internet site. Obtain a list of funds...
-
On November 10th, JumpStart Co. provides $2,900 in services to clients. At the time of service, the clients paid $600.00 in cash and put the balance on account. (a) Journalize this event. (b) On...
-
A."An investment is the current commitment of dollars for a period of time in order to derive future payments that will compensate the investor for the time the funds are committed, the expected rate...
-
Selling to the Bottom of the Pyramid PPT Slides Assume that you are an employee of an up-and-coming Nike competitor, TopTennies, that has been both founded and funded by three top athletes from...
-
The hydraulic turbine converts all mechanical energy into electricity at an efficiency of 90%. You could install a pipe that rises 50 ft in elevation. Assume that the elevation is measured from the...
-
Azaz entered into a fixed price contract with a contractor to do an electrical job at his house. The contract is worth $2000 and the contractors hires 1 workman who he pays $50 per hour. Assuming...
-
1. Recall an experience in a bank where you work before that needed improvement. 2. Describe the process and then articulate the situation that needed improvement. 3. Explain which one of the cases...
-
Financial information related to the proprietorship of Burst Interiors for March and April 2008 is as follows: a. Prepare balance sheets for Burst Interiors as of March 31 and as of April 30, 2008....
-
Vince, Inc. has developed and patented a new laser disc reading device that will be marketed internationally. Which of the following factors should Vince consider in pricing the device? I. Quality of...
-
Describe how a lender calculates the annual percentage rate (APR) when issuing credit. Why is the APR such an important tool when shopping for credit?
-
Develop a list of five to eight warning signs that someone may be having trouble with credit or may be a credit card abuser.
-
Aside from paying more by increasing income and reducing spending, list three other strategies for dealing with overuse of credit cards.
-
The following information is for Soweto Ltd: Product X: Revenue R15.00 Variable cost R2.50 Product Y: Revenue R25.00 Variable cost R10.00 Total fixed costs R50 000 If the sales mix shifts to one unit...
-
The home equity lending example discussed in class demonstrated.... Group of answer choices interest rate spread is the least important profitability factor waiving closing costs makes these products...
-
Prior service cost is recognized as pension expense Multiple choice question. over the future service period of the employees receiving the benefit. immediately when the retroactive amendment is...
Study smarter with the SolutionInn App