ECONOMICS (CBSE/UGC NET)

ECONOMICS

FINANCIAL MARKETS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Your friend Jorge has just inherited $1000 and would like to invest the money in the stock market. You suggest he
A
contact a brokerage firm, who will put him in touch with a stockholder
B
reserve a seat at the New York Stock exchange
C
contact Nasdaq, who will assign a stockbroker to him
D
call the New York Stock Exchange, who can direct him to the OTC market
Explanation: 

Detailed explanation-1: -Answer: A mutual fund prospectus is a pamphlet or brochure that provides information about a mutual fund. Mutual fund companies must give potential investors a prospectus, free of charge, before they invest.

Detailed explanation-2: -Which of the following reasons would indicate that Wesley should invest more in stocks than in bonds? He has a high risk tolerance and wants to earn as much as he can.

Detailed explanation-3: -Stock ETFs and mutual funds. Low-cost index funds. Real estate (or REITs) Money market funds. Online savings accounts. Treasury bills. Certificates of Deposit. 06-Jan-2023

Detailed explanation-4: -Buy the right investment. Buying the right stock is so much easier said than done. Avoid individual stocks if you’re a beginner. Create a diversified portfolio. Be prepared for a downturn. Try a stock market simulator before investing real money. Stay committed to your long-term portfolio. Start now. Avoid short-term trading. More items •10-Nov-2022

There is 1 question to complete.