Our Study of Efficient Markets Tells Us All of the Following

question 135

Multiple Choice

Our study of efficient markets tells us all of the following about investing except

• A)do not try to time the market - stay with your plan.
• B)long-term investing is your best bet,not systems.
• C)go with the best investment advisor money can buy.
• D)focus on effective asset allocation.
• E)diversify and seek help if you don't feel comfortable.

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Definitions:

Maturity Value

The amount to be received by the holder of a financial instrument at its maturity date, including the principal and any accrued interest.

De Minimis Benefit

A small or insignificant benefit provided by employers to employees that is tax-exempt, such as the occasional use of a company vehicle.

Administratively Impractical

A situation or condition that is so difficult or complicated to manage or implement from an administrative point of view that it is practically impossible.

Welfare Payments

Government financial aid provided to individuals or families in need, for living expenses and basic needs.