BUISENESS MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Savings Account
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Certificate of Deposit
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Mutual Funds
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Money Market Account
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Detailed explanation-1: -Generally speaking, mutual funds-especially equity mutual funds-should be considered a long-term investment.
Detailed explanation-2: -Key Takeaways. A long-term investment is an account a company plans to keep for at least a year such as stocks, bonds, real estate, and cash.
Detailed explanation-3: -Long-term investments are assets that an individual or company intends to hold for a period of more than three years. Instruments facilitating long-term investments include stocks, real estate, cash, etc. Long-term investors take on a substantial degree of risk in pursuit of higher returns.
Detailed explanation-4: -What are the types of investment options for the long term? There are several long-term investment options. You can select one based on your financial goals or planning. These include Unit Linked Insurance Plans (ULIPs), Equity Funds, Public Provident Funds (PPF), Stocks, Mutual Funds, Bonds, Gold and Real Estate.