Which one of the statements is false?
Retirement funds are restricted to a maximum of 75% allocation to equities
Liquidity refers to the ease with which assets in a portfolio can be converted into cash without a loss in value.
Self-attribution bias attribute successes to own skills and talent and failures to circumstances beyond their control.
Moderate investors should have a higher allocation to equities than aggressive investors
1 answer
Moderate investors should have a higher allocation to equities than aggressive investors is the false statement. Generally, aggressive investors have a higher allocation to equities than moderate investors.