James Gripka Has a Mutual Fund That Automatically Takes $50

question 82

Multiple Choice

James Gripka has a mutual fund that automatically takes $50 out of his checking account each month.Which suggestion for obtaining the money he needs for investing is he following?

• A)taking advantage of gifts,inheritance and other windfalls
• B)taking advantage of employer-sponsored retirement programs
• C)participating in an elective savings program
• D)making a special effort once or twice a year to save
• E)using financial leverage to increase investment returns

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