Barbara is wanting to invest for her retirement. what is not something she needs to consider?

Question

03-08-2022
Business

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Barbara is wanting to invest for her retirement. what is not something she needs to consider?

Sagot :

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88op 88op · Answer 1 · 2022-08-16T09:25:51-04:00

Barbara should consider the relative risk of the investment, the safety of the investment, the amount of money she is willing to invest and she could not need too know about the number of banks in her area.

What is Investing ?

Investing exists as an effective method to put your money to work and potentially build wealth. Smart investing may permit your money to outpace inflation and growth in value. The greater growth potential of investing exists mainly due to the power of compounding and the risk-return tradeoff.

Usually, you select to invest your funds for long-term financial objectives like retirement because you have a more extended time frame to recover from stock market fluctuations. If the financial goal exists short-term, say five years or less, it's usually smarter to park your money in a high-yield savings account.

Barbara should consider the relative risk of the investment, the safety of the investment, the amount of money she is willing to invest and she could not need too know about the number of banks in her area.

Hence, Option A is correct.