When you begin to save for retirement and general wealth building, it is wise to invest in mutual funds because
A) they provide instant diversification.
B) they are less expensive than brokers.
C) they generally do not decrease in value.
D) All of the above are correct.
Correct Answer:
Verified
Q127: The best investment strategy is to
A) diversify
Q128: You may purchase an open-end no-load mutual
Q129: The best way to predict a mutual
Q130: Because a mutual fund is already diversified
Q131: A stock mutual fund's prospectus typically states
Q133: In deciding if a no-load mutual fund
Q134: Lipper indexes indicate the mean return for
Q135: A _ mutual fund is a good
Q136: Which of the following statements about hedge
Q137: Discuss other issues that you would wish
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