Successful Financial Planning Requires Identifying the One Best Investment Asset

question 79

True/False

Successful financial planning requires identifying the one best investment asset for an individual,then putting all of an individual's surplus into that asset.

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Definitions:

Gigabyte

A unit of digital information storage or memory capacity equal to approximately one billion bytes (or 1,000 megabytes).

Megabyte

A unit of digital information storage or transmission comprised of approximately one million bytes (1,000 kilobytes or 1,024 kilobytes in binary).

Petabyte

A unit of information or computer storage equal to one quadrillion bytes or 1,024 terabytes, commonly used to measure data capacity on a large scale.

Terabyte

A unit of digital data storage equal to approximately 1 trillion bytes or 1024 gigabytes, often used to measure hard drive or memory capacity.