Adanola enjoys buying and selling sports cards (baseball, football, basketball). She thinks that she could make a living at what she now considers a hobby. Aderiola should be cautious as most financial planners would consider her financial exchanges risky as her buying and selling of sports cards is more like and less like 1) Speculating; investing 2) Investing; speculating 3) Liquidating; speculating 4) None of the answers are correct
Adanola enjoys buying and selling sports cards (baseball, football, basketball). She thinks that she could make a living at what she now considers a hobby. Aderiola should be cautious as most financial planners would consider her financial exchanges risky as her buying and selling of sports cards is more like and less like 1) Speculating; investing 2) Investing; speculating 3) Liquidating; speculating 4) None of the answers are correct
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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B9.

Transcribed Image Text:Question 11 (
Adanola enjoys buying and selling sports cards (baseball, football, basketball). She
thinks that she could make a living at what she now considers a hobby. Adenola
should be cautious as most financial planners would consider her financial exchanges
risky as her buying and selling of sports cards is more like_____________________ and less like
O
1) Speculating; investing
2) Investing; speculating
3) Liquidating; speculating
4) None of the answers are correct
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