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At this time, you have all of your money invested in a single Canadian chartered...

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Finance

At this time, you have all of your money invested in a single Canadian chartered bank stock. How can you best build a more diversified portfolio?

I. Buy other bank stocks

II. Buy stocks in other sectors or industries

III. Buy bonds

Points: 1

  1. I and II, only

  2. I and III, only

  3. II and III, only

  4. I, II and III

Which affect your asset allocation decision?

I. Stage in life

II. Degreee of risk tolerance

III. Your forecast of economic conditions

Points: 1

  1. I and II, only

  2. I, II and III

  3. II and III, only

  4. I and III, only

Which statement is false?

  1. Investors in the early life stages need easy and quick access to funds, so they should invest in relatively safe and liquid assets.

  2. Investors who expect to be working for many more years may invest in stocks of smaller firms and growth stock mutual funds.

  3. Asset allocations grow more aggressive as investors age and deepen their understanding of the investment market.

  4. Investors nearing retirement may allocate a larger proportion of money toward investments that generate a fixed income.

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