Anita is looking forward to her retirement which is only five years away. Her retirement account did not accumulate as much as she had hoped. She decided to make some changes in her financial planning. Based on this information, which of the following statements is correct? a. At this stage, Anita should rebalance her funds in a way that maximizes her investment in growth stocks to accelerate her fund balance. b. At this stage, Anita should focus on preserving what she has accumulated and minimize all debt obligations. c. At this stage, Anita should plan on extending her career, going on a diet, moving in with her children, and eliminating all recreational activities. d. At this stage, Anita should borrow as much as possible and plan on making the payments with her social security earnings.
Anita is looking forward to her retirement which is only five years away. Her retirement account did not accumulate as much as she had hoped. She decided to make some changes in her financial planning. Based on this information, which of the following statements is correct? a. At this stage, Anita should rebalance her funds in a way that maximizes her investment in growth stocks to accelerate her fund balance. b. At this stage, Anita should focus on preserving what she has accumulated and minimize all debt obligations. c. At this stage, Anita should plan on extending her career, going on a diet, moving in with her children, and eliminating all recreational activities. d. At this stage, Anita should borrow as much as possible and plan on making the payments with her social security earnings.
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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Anita is looking forward to her retirement which is only five years away. Her retirement account did not accumulate as much as she had hoped. She decided to make some changes in her financial planning. Based on this information, which of the following statements is correct?
a. At this stage, Anita should rebalance her funds in a way that maximizes her investment in growth stocks to accelerate her fund balance.
b. At this stage, Anita should focus on preserving what she has accumulated and minimize all debt obligations.
c. At this stage, Anita should plan on extending her career, going on a diet, moving in with her children, and eliminating all recreational activities.
d. At this stage, Anita should borrow as much as possible and plan on making the payments with her social security earnings.
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