Your Goals and the Time It Will Take to Reach

question 22

True/False

Your goals and the time it will take to reach them dictate the investment strategies you follow and the investment alternatives you choose.

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Definitions:

Achievement Motivation

The drive to excel, achieve in relation to a set of standards, or strive to succeed.

High Performance

Achieving significantly better outcomes or efficiency than average expectations or standards.

Hierarchy of Needs

A theory in psychology proposed by Abraham Maslow, suggesting that individuals are motivated by a series of needs that must be satisfied in a particular order, starting with the most basic physiological needs.

Europe

A continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere, comprising a significant portion of Eurasia.