The Best Way to Invest in a 401(k) Plan Is

question 5

True/False

The best way to invest in a 401(k) plan is to use all of the money to buy stock in the company where you work.

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Definitions:

Hierarchy Of Needs

A theory proposed by Abraham Maslow that ranks human needs in a hierarchy, suggesting that individuals are motivated to fulfill basic needs before moving on to higher-level needs.

Belongingness

The human emotional need to be an accepted member of a group, whether it is family, friends, or co-workers.

Esteem Needs

Maslow's hierarchy of needs level, where individuals seek respect, self-esteem, recognition, and success to feel valued and fulfilled.

Deficiency Motive

A motivation that arises from the lack or deficit of some need or desire, driving behavior to fulfill that need.