Investors in Both Closed-End and Open-End Funds Can Make Money

question 80

True/False

Investors in both closed-end and open-end funds can make money by purchasing shares at a low price and then selling them at a higher price.

---

Definitions:

Critical Thinking

The intellectual process of actively and skillfully conceptualizing, applying, analyzing, synthesizing, and evaluating information to reach an answer or conclusion.

Millennials

A generational cohort following Generation X, typically defined as people born from the early 1980s to the late 1990s.

Individually Oriented

Focused on or catering to the needs, preferences, or objectives of a single person.

Interest in Helping

A predisposition or willingness to assist others or contribute to the welfare of individuals or communities.