According to Some Financial Experts Like Suze Orman, How Much

question 70

Multiple Choice

According to some financial experts like Suze Orman, how much of an investment program should a 30-year-old have in growth investments?

• A) 30%
• B) 65%
• C) 70%
• D) 80%
• E) 100%

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Definitions:

Retirement

The act of leaving one's job and ceasing to work, often due to age, after a career of service, with financial support through savings, investments, or pensions.

Long-Term Note

A debt security with a maturity of more than one year, used by businesses and governments to borrow money.

Common Stock

An equity security representing ownership in a corporation, with rights to dividends and voting in corporate decisions.

Statement Of Cash Flows

A financial statement showing the cash inflows and outflows for a business over a specific period, categorized into operating, investing, and financing activities.