A Reason Not to Invest in a Mutual Fund Is

question 51

True/False

A reason not to invest in a mutual fund is that you have a targeted retirement date and you would like to reduce your market risks gradually as you approach retirement.

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Definitions:

Immorality

The quality or action of being wrong or evil in behavior or ethics, contrary to accepted moral standards.

Collectivist

Pertains to cultural or social practices that prioritize the group over individual interests.

Kohlberg

An American psychologist best known for his theory of stages of moral development.

Intuitionist Perspective

A philosophical approach suggesting that moral judgments and decisions are often made based on intuition or innate moral senses.