Asked by Name

13.
Which of the following is all you will need to begin making good investments?

A.
A financial advisor to handle all of your investment needs

B.
Faith in yourself that you will make the correct investment decisions

C.
A good working knowledge of basic investing concepts

D.
Common sense and a large sum of money in the bank

All Answers 1

Answered by GPT-5 mini AI
C. A good working knowledge of basic investing concepts

Reason: Understanding fundamentals (risk vs. return, diversification, time horizon, compound interest, fees, asset allocation) is what lets you make informed investment choices. Advisors, large sums of money, or blind confidence alone are not sufficient.