A 30-year-old investment strategy would most include long-term investments because the person would look to get future returns. On the other hand, a 65-year-old investment strategy would include short to mid-term investments.
An investment strategy is hard and fast of ideas that guide funding selections. There are several one of a kind making an investment plans you can comply with relying for your chance tolerance, making an investment fashion, lengthy-term monetary goals, and access to capital, investing strategies are flexible.
In finance, an funding method is a fixed of policies, behaviors or approaches, designed to guide an investor's choice of an funding portfolio. People have exclusive income goals, and their character capabilities make one-of-a-kind procedures and techniques suitable.
The funding approach can assist traders to make a short selection concerning the investment to be made. The investment techniques may be purpose-orientated and consequently, it may assist the traders to make a funding selection in step with their desires.
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Answer: correlation vs. causation
Explanation:
Correlation assesses the relationship between variables and can be in the same direction, where the increase in one exists as the same time as an increase in the other variable or inverse where an increase in one variable occurs when there is a decrease in the second variable. However, this correlation does not indicate causation.
Causation signifies that one variable is responsible for the occurrence of an event in the other variable. Clearly, there is no cause and effect between the number of mules and doctorate degrees in a state. Here, there is a correlation but a fundamental causative factor is absent between the two events.
His Willingness to accept the evidence that another theory is superior is a characteristic of scientific skepticism.
