Answered

Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Join our platform to connect with experts ready to provide precise answers to your questions in various areas. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

Assets such as mutual funds, stocks and bonds that are used to meet long term
financial needs are called:
a) Liquid assets
b) Real estate
c) Personal Possessions
d) Investment Assets
e) None of the above

Sagot :

GinnyAnswer

Final answer:

Investment assets like mutual funds, stocks, and bonds are meant for long-term financial goals and are not easily converted to cash.


Explanation:

Investment assets are assets such as mutual funds, stocks, and bonds that are used to meet long-term financial needs. These assets are not typically easily converted to cash and are meant for long-term growth and income generation. Real estate is another example of a long-term investment asset due to its illiquidity and the time it takes to sell.


Learn more about Investment Assets here:

https://brainly.com/question/17376076


Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.