Brenda Wants to Invest in a Fund That Will Outperform

question 47

True/False

Brenda wants to invest in a fund that will outperform most others over many years. On average, she would be better off to invest in an index fund instead of a managed closed-end fund.

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Definitions:

Determinism

The philosophical belief that all events, including human actions, are ultimately determined by causes external to the will.

Human Nature

Core traits, involving cognitive, affective, and action-oriented aspects, viewed as shared by all people.

Self-actualizers

Individuals who have realized and fulfilled their potential to the fullest extent, according to Maslow's hierarchy of needs.

Childhood Dreams

Refers to the dreams experienced during one's childhood, which can reflect the subconscious mind's workings and early emotional states.