Fidelity Investments studied customers with greater than $1 million in their 401-K account. Which of the...
Fidelity Investments studied customers with greater than $1 million in their 401-K account.
Which of the following was NOT an attribute of individuals who had saved over $1 million:
Group of answer choices
They started saving early.
They contributed a minimum of 10-15% of their salary.
They considered mutual funds that invested primarily in bonds.
They met their employer match.
All of the above were attributes of individuals with >$1 million in their 401-K account.
Homework Answers
Answer:
In the given case all of the given options are attribute of individuals who had saved over $1 million except that they considered mutual funds that invested primarily in bonds.
Thus correct answer is Option C i.e.They considered mutual funds that invested primarily in bonds.
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