Question

Which of the following is NOT a true statement?

A) To be useful, investment objectives must be specific and measurable.
B) A long-term investment objective involves a time period of five years or more.
C) No one is going to make you save the money you need to start an investment program.
D) Because investment objectives deal with the future, it is useless to plan more than five years in the future.
E) Investment goals must be tailored to the particular financial needs of the individual.

Answer 1

Answer: The correct answer is "D) Because investment objectives deal with the future, it is useless to plan more than five years in the future.".

Explanation: The statement "D) Because investment objectives deal with the future, it is useless to plan more than five years in the future." is NOT TRUE because through a correct analysis of the variables and a good amount of quality information it is possible to plan more than 5 years in the future and obtain good results.