Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which of the following statements about the Asset Categories section of the lecture material are TRUE: Income asset categories mainly pay income whereas Growth asset
Which of the following statements about the Asset Categories section of the lecture material are TRUE:
- Income asset categories mainly pay income whereas Growth asset categories dont pay income and so the returns are only from capital gains.
- When investing in Growth assets, it is best to make sure that you have an investment time horizon of at least 5 years. This is because Growth assets usually have higher risk than Income assets. Investing over longer periods of time can help to manage that risk.
A: Neither of the statements are true (both are false)
B: Only statement 1 is true
C: Only statement 2 is true
D: Both statements are true (neither are false)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started