Which investment strategy is least appropriate for an uninformed investor who wants to use a discount online broker?
A) investing for income
B) buying and holding
C) investing for growth
D) market timing
E) value investing
Answer: D
Explanation: D) Market timing may be the most difficult of all investment strategies. It requires knowledge and sophisticated analytical tools (not offered by discount online brokers) and frequent trading (which incurs high commission costs).
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Indicate whether the statement is true or false
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can be taken by an organization to counter this? What will be an ideal response?
An individual taxpayer sells a business building placed in service five years ago and recognizes a gain. This is the taxpayer's first and only sale of Sec. 1231 property. Since the gain will be treated as LTCG, the details of the sale should be reported on Schedule D of Form 1040.
Answer the following statement true (T) or false (F)