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Dahasolnce [82]
3 years ago
12

Imagine that a friend asks you for investment advice. He has $10,000 to invest and he has about 35 years before he will be ready

for his financial goal of early retirement. What types of investments would you recommend to your friend? Why? What other investing advice would you give him to help him achieve his financial goals?
Business
1 answer:
lana66690 [7]3 years ago
5 0
It depends on the risk that individual is ready to accept. with 35 years to go I would start with aggressive high tech companies mutual fund 75%, 20% corporate bonds and 5% obligations of US government. With time I would decrease high tech fund and increase corporate bonds. The main point is diversification that lowers risk.
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Aggregation to qualify for a breakpoint is not available to: a a group of family members in the same household that aggregates i
kogti [31]

Aggregation to qualify for a breakpoint is not available to an investment club that purchases different mutual funds within the same fund family. This is further explained below.

<h3>What is the investment?</h3>

Generally, an item purchased or invested in with the purpose of increasing one's wealth and preserving one's financial resources from the hard-earned income or appreciation

In conclusion, An investing club that acquires mutual funds from the same fund family is not eligible for aggregation to qualify for a breakpoint.

Read more about investment

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5 0
2 years ago
On a shopping​ trip, Melanie decided to buy a light blue coat made from woven fabric. A tag on the coat stated that the price wa
ra1l [238]

Answer:

Consumer surplus is $15.99.

Explanation:

Melanie decided to buy a coat priced $79.95.  

When she brought a coat to the sales clerk, she found out that it is on a 20% discount and she has to $15.99 less than the original price.  

This means that her consumer surplus is at least $15.99.  

The consumer surplus is the difference between the maximum price a consumer is willing to pay and the price it actually pays.  

Melanie was willing to pay $79.95. But she actually paid $63.96. The difference between the two is $15.99.  

6 0
3 years ago
Analyze and identify the role of the government in a free enterprise economy.
DENIUS [597]
A free enterprise economy is the idea that a capitalist economy can maintain itself in a freely competitive market due to a the supply and demand relationship. Since this concept claims that the economy can regulate itself, the government has a minimalist role in it. 
4 0
3 years ago
Which of the following statements reflect negative outcomes known to result from work teams? Check all that apply.
diamong [38]
Answer: - if our team makes a bad decision, we’d all feel individually accountable for the decision.
I know this because I’m smart like that.
8 0
4 years ago
Parsons Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last
arsen [322]

Answer:

option (C) 32,750 hours

Explanation:

Data provided in the question:

Actual manufacturing overhead cost = $250,000

Overapplied overhead = $12,000

Predetermined overhead rate = $8.00 per direct labor-hour

Now,

The total Manufacturing Overhead applied last year

= Actual manufacturing overhead cost + Overapplied overhead

=  $250,000 + $12,000

= $262,000

Therefore,

Direct Labor Hours worked last year = \frac{\textup{Total Manufacturing Overhead applied}}{\textup{Predetermined overhead rate}}

or

=  \frac{\textup{262,000}}{\textup{8}}

= 32,750 hours

Hence,

The correct answer is option (C) 32,750 hours

6 0
3 years ago
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