Sydney's goal was to save for college tuition. However, she deposited her money in a CD and she couldn't withdraw it to pay for tuition. Which strategy, principle, or factor should she have considered?
-Consider the opportunity cost.
-Look at your goals and make sure your plan coincides with your goals.
-Understand your risk tolerance.
-Diversify to minimize risk.
+1
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Sydney's goal was to save for college tuition. However, she deposited her money in a CD and she couldn't withdraw it to pay for tuition. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » Sydney's goal was to save for college tuition. However, she deposited her money in a CD and she couldn't withdraw it to pay for tuition. Which strategy, principle, or factor should she have considered? -Consider the opportunity cost.