To Be Effective in Keeping Up Your Skill Set in the Future,make

question 36

Multiple Choice

To be effective in keeping up your skill set in the future,make sure to

• A)purchase and use every new technological gadget that comes out on the market.
• B)make as many connections as you can on Facebook,MySpace or LinkedIn.
• C)avoid change as much as you can.
• D)excel at something so it sets you apart.

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Definitions:

Prudent Investor Rule

Prudent Investor Rule is a legal guideline for fiduciaries that mandates investment strategies should be made as a prudent investor would, considering risk, return, diversification, and the objectives of the trust or beneficiary.

Active Portfolio Management

A strategy where managers make specific investments with the goal of outperforming an investment benchmark index.

Passive Strategy

An investment approach that involves holding a diversified portfolio to match the performance of a market index over time, minimizing buying and selling actions.

After-tax Holding-period Return

The return on an investment after accounting for taxes, over the period it was held, reflecting the true gain or loss.