The ____ phase is the stage when investors in their early-to-middle earning years attempt to accumulate assets to satisfy near-term needs,e.g., children's education or down payment on a home.
A) accumulation
B) spending
C) gifting
D) consolidation
E) divestiture

Question

Quizplus · Accepted Answer

The accumulation phase is the stage of an investor's life when they are focused on building up their assets to pay for future needs, such as children's education or buying a home. This typically occurs in the early-to-middle earning years when there is more disposable income available to invest.

The ____ Phase Is the Stage When Investors in Their