Which Of The Following Statements About Investing Is False?
Which Of The Following Statements About Investing Is False? the correct answer is Investing is a guaranteed way to grow your money
by J Nandhini
Updated Nov 01, 2023
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Which Of The Following Statements About Investing Is False?
A) On average, investing money in the stock market earns a higher return than putting money in a savings account.
B) Investing is a guaranteed way to grow your money
C) Investing is best for long-term financial goals, like paying for retirement.
D) Investing is riskier than putting money in a savings account.
The correct answer is B) Investing is a guaranteed way to grow your money
Investing is not a guaranteed way to grow your money. In fact, all investments come with some level of risk, and there is no assurance that you will make a profit. The potential for growth in investments is typically accompanied by a corresponding level of risk. Different types of investments, such as stocks, bonds, real estate, and mutual funds, carry varying degrees of risk and return potential.
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