Which of the following statements is true regarding the steps for effective investment planning?
A)When establishing an investment program,you should begin by monitoring your investments.
B)When you are choosing an investment,you should examine only the interest rate risk factor associated with each investment.
C)When establishing an investment program,you should examine the potential return for all investments.
D)Leave the financial planning to the professionals.
E)There is no need to monitor your investments after you have made your investment decision.

Question

Quizplus · Accepted Answer

When establishing an investment program, examining the potential return for all investments is crucial. This helps in understanding the expected gains from the investments and in making informed decisions.

Which of the Following Statements Is True Regarding the Steps