The Stages of the Life Cycle for Setting Individual Investment

question 31

Multiple Choice

The stages of the life cycle for setting individual investment objectives are:

• A)Accumulation Phase,Consolidation Phase,Retirement Phase,Estate Phase.
• B)Accumulation Phase,Consolidation Phase,Retirement Phase,Gifting Phase.
• C)Accumulation Phase,Consolidation Phase,Spending Phase,Retirement Phase,Gifting Phase.
• D)Accumulation Phase,Consolidation Phase,Spending Phase,Gifting Phase.

---

Definitions:

Kickbacks

Payments made in return for a favor or service, often illicitly and in breach of trust.

Shakedowns

Informally, the act of obtaining money, goods, or services through force, fraud, or threats, typically in a corrupt or illegal manner.

Traffic Fix

An ineffective or temporary solution to road traffic congestion and transportation challenges.

Posse Comitatus Act

A United States federal law that limits the powers of the federal government in using federal military personnel to enforce domestic policies within the U.S.