The Best Assessment of the Performance of Your Selection of Stocks

question 47

Multiple Choice

The best assessment of the performance of your selection of stocks is to compare the returns to

• A)the average gains or losses you had in the last five years.
• B)the average returns of GICs.
• C)a comparable stock index during the same period.
• D)the prime rate set by the Bank of Canada.

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Definitions:

Panacea

A universal remedy or solution to all diseases or problems.

Psychologically Addictive

The condition where a behavior or substance leads to a compulsive craving despite potential harmful consequences due to mental or emotional dependency.

High Status

A position of authority, respect, or prestige in a social hierarchy or organization.

Pleasure

A feeling of happiness, enjoyment, or satisfaction derived from experiences that are enjoyable or gratifying.