Suppose your parents or close friends announce that retirement is only 5 years away. They have invested in stocks and saved a substantial nest egg. What advice would you give them with regard to the steps they should take now to plan for their retirement years?

Answers

Answer 1

Answer:

He should invest in stock as well as in other business.

Explanation:

My advice is they should invest the money in stock as well as in other business because there is high risk in investing money in stocks so some amount of money is also invested in other business such as poultry or dairy farming because there is low risk in these business and high profit should be earned from them. In stocks, there is a possibility that the invested money should be lost completely if the stock market crashed due to certain reasons.

Related Questions

The president vetoing congressional legislation best illustrates the importance of judicial review. the concept of checks and balances. the supremacy of the federal government over state governments. the concept of separation of powers. the wisdom of the Connecticut Compromise

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Answer:

The concept of checks and balances.

Explanation:

All three sides of the government have a way to curb the power of the other 2 sides. This refers to checks and balances. The exec. branch has the veto and pardon, congress has the impeachment, and the supreme court has the right to remove congression acts.

The Age of European Exploration

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Answer:

The so-called Age of Exploration was a period from the early 15th century and continuing into the early 17th century, during which European ships were traveled around the world to search for new trading routes and partners to feed burgeoning capitalism in Europe.

During the excitement and stimulation of a large Mardi Gras street party, normally circumspect, law-abiding citizens wearing masks engage in uninhibited and even illegal behavior. This BEST reflects the social psychological phenomenon of:

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The correct answer to this open question is the following.

Although there are no options provided, we can say the following.

These people have masks that cover their true identity, so in theory, nobody can recognize them. That is why they act in strange ways or their behavior is questioned. These can be ordinary, decent people that have families and jobs. But when they appear in public places in anonymity, they transform themselves. And more, if they are drunk because they are attending a Mardi Gras street party, they indeed can act in very strange ways under the influence of alcohol.

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