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Business, 26.11.2019 03:31 Kana81

Scenario: you are 30 years old and single. you have a moderate risk investment philosophy. you are interested in long-term investing, but you do not have sufficient funds to buy a variety of investments to be fully diversified and you do not feel you have the expertise to make good choices. among the features that facilitate making investments in a mutual fund are: check all that apply o any interest, dividends, and capital gains can be automatically reinvested o as your objectives change, you can easily swap shares for another mutual fund within a mutual fund family ? a mutual fund investment can be inherited by a designated beneficiary without the need to go through probate o a check-writing feature the best mutual funds in which to invest are usually o no-load funds o front-load funds o back-end load funds a $2,000 investment in a mutual fund with a 8% front-end load will allow you to make a net investment of $2,160 $1,840 $1,680 you should review and rebalance your mutual fund investment never; the fund is rebalanced for you monthly annually quarterly a fund named "fidelity freedom fund 2030 is a target-date fund designed o to automatically shift assets from moderate to aggressive as retirement age approaches o for someone retiring in 20 to 30 years. o to provide a no-hassle, set-it-and-forget-it approach to investing for retirement. o for someone between the ages of 20 and 30

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