Answered

TB MC Qu. 01-87 One aspect of financial planning...
One aspect of financial planning is to buy stocks, real estate, and mutual funds with the potential for long-term growth. Which component of
financial planning does this deal with?
Multiple Choice
Borrowing
Spending
Managing risk



Answer :

GinnyAnswer

Final answer:

Financial planning involves managing risk by investing in stocks, real estate, and mutual funds for long-term growth.


Explanation:

One aspect of financial planning involves investing in stocks, real estate, and mutual funds with long-term growth potential. This component deals with managing risk by diversifying investments to mitigate potential losses and maximize returns.


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