Which of the following is the least compelling reason to use a professional money manager?
A) The investor has limited time available for research.
B) It may be more cost effective.
C) The investor may have limited knowledge.
D) The investor needs professional guidance.
E) Professional money managers generally generate superior returns.

Question

Quizplus · Accepted Answer

The least compelling reason is E) Professional money managers generally generate superior returns. This statement is not always true as the performance of professional money managers can vary widely, and there is no guarantee they will outperform the market or an investor's own efforts.

Which of the Following Is the Least Compelling Reason to Use