Question

In: Finance

Which of the following is not a goal of investigate?


Which of the following is not a goal of investigate? 


a. to have steady cash flow during lifetime. b. to allocate resources along with the consumption pattern. c. to maximize future spending d to minimize current spending

Solutions

Expert Solution

d. To minimise current spending.


Explanation:
Mainly investment are made to achieve a specific financial goal. For example: Retirement.

It is for having a steady cash flow even after stopping to do work.
Allocate the resources along with the consumption pattern at retirement.
Maximise future spending during retirement.


Investments are not made with a goal to curb the current spending.


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