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Assess the following as probably , as probably , as requiring further documentation before judgment, or as a claim that cannot properly be evaluated. Consider both the nature of the claim and the source.
"By age 30, roughly a quarter of men and women have discernibly graying hair. Even so, only 28 percent of us ever become completely white haired."
-Lowell Ponte, Reader's Digest
Available-for-sale
A classification of securities that are not actively managed for trading or held to maturity but can be sold for cash needs or other purposes.
Unrealized Holding Gain
Refers to an increase in the value of an investment that has not been sold yet, thus the gain is not "realized."
Passive Debt Investments
Investments in debt instruments, such as bonds, where the investor does not exert influence over the issuer.
Held-to-maturity
A classification for investment securities which the investor has the intent and ability to hold until a specified maturity date.
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