220k views
5 votes
How do you grow your net worth?

A. You buy undervalued assets, which appreciate with time.
B. You buy luxury items.
C. You can't grow your net worth.
D. You don't spend.

User Gunty
by
7.2k points

2 Answers

2 votes

Answer:

A

Step-by-step explanation:

A is probably the best answer as all u have to do is risk some cash and wait for the assest to grow

supposedly bitcoins they were 1$ each and now are the talk of crypto so it seems reasonable to buy undervalued assest and wait for them to grow with time.

User Lethal
by
7.4k points
3 votes

Answer: 1. your emergency fund

2. Reduce casual spending and increase savings until your emergency fund has been paid back.

3. tracking your spending

4. a private foundation

5. 60%

6. a bank savings account

7. a high interest rate

8. the profit earned on the sale of an asset which has increased while it was owned

9. a fund that pools money from many investors to buy securities

10. owning dividend stocks

11. a type of account offered to employees at very little or no cost

12. SEC

13. NCUA

14. 2.8%

15. the money that a person or a country earns

16. water bill

17. your previous budget

18. You buy undervalued assets, which appreciate with time.

19. a stock market index made up of the 500 largest companies being traded in the U.S.

Step-by-step explanation: I took the same quiz and got 100%, hope it helps!

User Otis
by
7.0k points