Answer:
D. All of the above.
Explanation:
A first-time investor refers to an individual such as entrepreneur who is inexperienced but willing to allocate or commit his or her capital in anticipation of an expected financial return or profits in the future.
The following statements indicate smart steps for the first-time investor;
A. Start making "opportunity cost" decisions now. He or she should be willing to give up something nice momentarily for something a lot better in the future. Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.
B. He or she shouldn't use his or her first credit card to regularly finance any purchases.
C. As a rule, do not ever invest any amount more than you can afford to lose in the event of a downturn.
Colonel Barry St. Leger had been assigned to move east through the Mohawk River valley on Albany, New York, but was forced to retreat during the Siege of Fort Stanwix after losing his Indian allies.
Both economists and law makers rely to make decisions on the Census Survey. The great amount of data collected helps administering programs and evaluating policies, as it gives solid grounds for deciding which programs to support or discontinue. Private businesses also find it helpful for their own business decissions.