Join thousands of students who trust us to help them ace their exams!Watch the first video
Multiple Choice
When searching for information on investments, selective use of which of the following is essential?
A
Personal opinions
B
Sources of financial information
C
Rumors from social media
D
Advertising materials
Verified step by step guidance
1
Understand the context of the question: The problem is asking about the essential sources of information when researching investments. This requires identifying reliable and credible sources.
Evaluate the options provided: Analyze each option to determine its reliability and relevance for making informed investment decisions.
Option 1: 'Personal opinions' - Personal opinions are subjective and may not be based on factual or comprehensive financial data. They are not reliable for investment decisions.
Option 2: 'Sources of financial information' - These include credible financial reports, market analyses, and data from trusted institutions. These are essential for making informed investment decisions.
Option 3: 'Rumors from social media' and 'Advertising materials' - Both of these sources can be biased or misleading and should not be relied upon for investment decisions. Always prioritize verified financial information.