Dave Ramsey Ch. 12 Lesson 3 PDF Questions, Cheat Sheet of Economics

Download Dave Ramsey Ch. 12 Lesson 3 PDF Questions and more Cheat Sheet Economics in PDF only on Docsity! 1. Why is diversification important when it comes to investing for long-term savings goals, including retirement? (5 points) - Diversification is important so you don’t have to depend on one thing for an income or make sure that one thing does not hold your future in its hands. - Putting all of your eggs in one basket creates risk, by diversifying your investments you reduce the risk. - By spreading 25% across four types of mutual funds allows money to grow. - It is important to diversify your investments because most investments are used to fund your retirement, your retirement should not depend on one sole stock or company. 4 a Diversify Your Investments GROWTH AND INCOME 5. Whatis the name ofthe fund? Fideloy (EOD 66, Neme three companies held in this fund. r factloost, WEN, and Ovacre- —_—_— Y 7, LUst three diferent sectors represented in this fund. * SeCoMAaR WNW ES , ANA EAA VEY (OCA ACO 8, What questions do you have after exploring this type of mutual fund? tas mney coimnupennnes ho. rneny Wnty e@ “RE SCY STRAT worl ae ey ede ete Sia E EO: AGGRESSIVE GROWTH STOCK 9. Whatis the name of the fund? AANA BIA Sun Wee Ne Soluce Cun 70. Name three companies held in this fund. Dis _lalervatonts Lid. Indusina _ Reunie , -Lehamuc_iucdusones 11. List three different sectors represented in this fund. Phannaevticats,! lanes, “2 rinene I mavieet no) ie ee ES A es gee: 's do you have after exploring this type of mutual fund? Han wun dots a Shae cack) 12. What question: EV rounostions in peesonat nance PAGE2 OF 5