What Is Step 3 of the Common Steps Used by Investors

question 75

Multiple Choice

What is step 3 of the common steps used by investors to evaluate mutual funds?

• A)Perform a financial checkup to make sure you are ready to invest.
• B)Obtain the money you need to purchase mutual funds.
• C)Determine your investment objectives.
• D)Find a fund with an objective that matches your objective.
• E)Evaluate, evaluate, and evaluate any mutual fund before buying or selling.

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Definitions:

Intrinsic Motivators

Internal factors, such as personal interest or satisfaction, that drive individuals to perform tasks.

Extrinsic Motivators

External factors that encourage people to perform particular actions, including rewards or punishments.

Measurable

Describes something that can be quantified or assessed using specific criteria or units of measure.

Feasibility Report

An analysis and evaluation of a proposed project to determine if it is technically, financially, and legally viable.