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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Question
Describe four major steps required to become an investor.
Expert Solution
Step 1
An investor is a person who invests or allocates his capital with an expectation of future financial gain. Investors generally prefer to invest in a project or portfolio that gives them more return. Generally, they aim to minimize the risk associated with their investments and maximize the return.
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