Successful Financial Planning Requires Identifying the One Best Investment Asset

question 117

True/False

Successful financial planning requires identifying the one best investment asset for an individual,then putting all of the individual's surplus into that asset.

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Definitions:

Right To Smoke

This term does not refer to a universally acknowledged legal right but may pertain to specific regulations or allowances within designated areas where smoking is permitted.

Proper Consideration

The legal requirement for contracts, entailing something of value being exchanged between parties.

Consideration

Something of value promised to another when making a contract that compels them to enter into the agreement; an essential element in the formation of a legally binding contract.

Promise

A declaration or assurance that one will do something or that a particular thing will happen, often forming the basis of a contract.