Your friend is thinking of hiring a financial planner to help him manage his portfolio. What should he be on the lookout for? Why?

Answers

Answer 1

Answer:

You should look for How much money should I invest and where? What is my current net worth? Can I afford to retire? How do I invest to achieve my short and long-term life goals? How much money do I need and when? You should ask these questions because they are important to consider when your going to hire someone in the financial business.

Explanation:

However, these may not be what most people ask when they are going to hire a financial planner. This is just what I would question them and myself about.


Related Questions

Examination of the sources of supply for purchased parts or materials in order to improve performance is called

Answers

The vendor analysis is a method to evaluate and compare suppliers in a production chain.

What is vendor analysis?

The vendor analysis is a method that producers use to compare the cost-benefit of the different supplies and suppliers involved in their production.

This process is necessary to constantly improve because it allows the producer to improve their products from the process of acquiring the required raw materials.

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Sally’s parents deposited $15,000 into a college savings account on her third birthday. the account had an interest rate of 9.6% compounded annually. they were hoping that the money would double twice by the time she was 18 years old. using the rule of 72, t = startfraction 72 over r endfraction will their hopes come true? yes, the $15,000 will double each 7.5 years. in 15 years, it will double twice. yes, the $15,000 will double in 7.5 years and be four times as much in 15 years. no, the $15,000 will only double once in 15 years, not double twice. no, it will take 30 years for the $15,000 to double twice.

Answers

Answer:

The answer is $53724.27. If you rounded up.

Answer:

A. Yes, the $15,000 will double each 7.5 years. In 15 years, it will double twice.

Explanation:

Edge 22'

If you are e-filing your tax returns, explain why it is beneficial to file your federal and state taxes through the same e-filing service.

Answers

Why  it is beneficial to file your federal and state taxes through the same e-filing service is: It help to reduces the paper used to file tax returns.

What is e-filing?

e-filing can be defined as the porcess of filling your tax returns electronically.

e-filing is important as it enables tax payer to easily file their federal and state returns at the same time.

This help to reduces the paper used to file tax returns and it as well help to prevent lost or delayed of tax returns.

Inconclusion  e-filing  It help to reduces the paper used to file tax returns.


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True or False: Although price searchers can set their prices, the prices they can set are still affected by market conditions. True False

Answers

Although price searchers can set their prices for products, the prices they can set are however, still affected by market conditions: True.

What is price?

Price refers to the amount of money that is set by a seller and must be paid by a buyer (customer) to the seller (producer), so as to enable the acquisition of these goods or services.

Although price searchers can set their prices for the goods (products) they sell or service they render, the prices they can set are however, still affected by various market conditions such as:

InflationRecession

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In a(n) ________ members eliminate internal trade barriers, adopt a common external policy toward nonmembers, eliminate barriers to the movement of the factors of production, and coordinate economic policies. Group of answer choices

Answers

Answer:

The answer is Common market

Explanation:

In a(n) Common market members eliminate internal trade barriers, adopt a common external policy toward nonmembers, eliminate barriers to the movement of the factors of production, and coordinate economic policies. Group of answer choices

While shopping online at Amazon, you are given the option of free shipping if you add just six more dollars to your current total. This sales promotion appeal is analogous to the rack of candy bars and gum at a grocery store's checkout aisle, which is known as ______

Answers

Answer:

a point-of-purchase display

Explanation:

If the Fed reduces inflation 1 percentage point and this makes output fall 5 percentage points and unemployment rises 2 percentage points for one year, the sacrifice ratio is

Answers

When Fed reduces inflation 1 percentage point and this makes output fall 5 percentage points and unemployment rises, the sacrifice ratio is 5.

What is inflation?

It should be noted that inflation simply means the general increase in the price of goods.

The sacrifice ratio is calculated as:

= Output fall / Inflation reduction

= 5%/1%

= 5

The sacrifice ratio is 5.

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The increase in total revenue that results from selling one more unit of output is.

Answers

The increase in total revenue that results from selling one more unit of output is the marginal revenue

Hope that helps!

What document explains your rights and responsibilities as a federal.

Answers

Master Promissory Note (MPN) is a type of promissory
One or more loans for one or more academic years can be made using the MPN (for up to 10 years). It explains your rights and duties as a borrower and includes the terms and conditions under which you agree to repay the loan in full.

The combination of print advertisements, commercials, special offers, promotions, and displays of a product are all part of the product’s marketing or advertising _____.

indicators
campaign
structure
consternation

Answers

Answer: i believe its B) “structure”

Explanation: might be wrong but its the only one that makes since based on definition .

Your renter's insurance policy costs $20/month and has a $1,000 deductible. A thief breaks into your apartment and steals your $800 TV set. How much would your insurance company pay?

Answers

Answer:

the answer is undefined because there is no given month but given the information.. the insurance company would have to pay 800$ to replace the TV set.

The insurance company pays zero amount.

What is a renter's insurance policy?

A renters insurance policy is a collection of coverages meant to protect tenants who live in a house or flat. After a covered loss, a typical renters insurance policy offers three categories of coverage to help protect you, your property, and your living arrangements.

Given:

Insurance policy costs $20/month

Deductible amount=$1,000

Theft= $800

As the deductible amount is $1000 and the theft amount is $800 which is less than the deductible amount so the insurance company will not pay any amount i.e Zero.

Therefore, the above explanation describes the renter's insurance policy.

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The Digby company will increase its automation for the Dim product by 2.0. Assuming no further change in capacity, how much will this investment in automation cost?

Answers

Given that the  Digby company will increase automation for the product by 2.0, the cost of the automation is going to be  $10,800,000

How to solve for the automation cost

We have the following details to answer the question with.

Material cost is  14.04

The current automation is 7 percent

The cost of labor is 6.95

Next sound capacity is 1,350

Automation increase = 2% + 7% = 9%

Cost to increase automation =

Capacity * 4 (new automation - old automation)

1350 * 4(9-7)

= 10800

An input of 1 is given as 1000.

Therefore the automation cost is 10800 * 1000

= $10800000

complete question

The Digby company will increase its automation for the Dim product by 2.0. Assuming no further change in capacity, how much will this investment in automation cost?

Select : 1

$10,800,000

$21,600,000

$18,900,000

$9,450,000

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If your marginal propensity to consume is 0. 4 and you get an additional $300 in income, you would spend ________ on consumption.

Answers

I will spend $120 on consumption if marginal propensity to consume is 0. 4 and i get an additional $300 in income.

What is marginal propensity to consume(MPC)?

Marginal propensity to consume (MPC) is the portion of an income that a person spends instead of saving the income.

The marginal propensity to consume(MPC) is computed as

= Change in consumption / Change in income.

However, the consumption would be

= Change in income * marginal propensity to consume(MPC)

= 0.4 x 300

= $120

Hence, I will spend $120 on consumption if marginal propensity to consume is 0. 4 and i get an additional $300 in income.

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The following are all functions of money except A. medium of exchange B. store of value C. unit of account D. illiquid asset

Answers

Answer:

Explanation:

D: The whole point of money is that it is not illiquid. It must be easily transferred. This is never the function of money and so D is your answer.

A: Money is a medium of exchange. I'll give you 5$ if you will give me a one way bus pass.

B: Though we are going to have doubts about this in the future, money should have some value and the closer to being constant, the better.

C: There should be some way of making money in small enough and large enough that transactions are accomodated. If you buy a truck for 60000 dollars, the 60000 tells you how many units the truck costs.

How does money enable society to avoid the complications of barter?.

Answers

Money serves to measure the relative value of goods and services, as well as a medium of exchange, being an intermediary between a seller and a buyer.

What is barter?

It can be understood as a transaction where there is the exchange of goods between two parties, being a type of exchange that was very common in the beginning of civilizations.

Therefore, the monetary system replaced barter, generating greater reliability in product and service transactions and greater balance in the commercialization of goods.

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When applying for a job most require you to submit two items. What are those two items?

Answers

Answer:

and email and an application...?

Explanation:

it might not be correct, my best guest.

A state is looking to reduce the cost of transportation, which uses 7. 10×1014 btus per year. Currently the cost of 106 btus is $20. 0. How much will the state save in one year if they implement regulations requiring all transportation methods to be 20% more efficient?.

Answers

If the state was able to make transportation methods 20% more efficient, then based on the cost of transportation, they would save $2.84 billion.

How much would the city save?

First, find the current cost of transportation:

= Transportation usage x Cost of transportation

= 7.10 x 10¹⁴ x 20 / 10⁶

= $14.2 billion

If methods became 20% more efficient then 20% of savings will be made:

= 14.2 x 20%

= $2.84 billion

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What would most likely happen if the government increased payroll taxes? retirees would discover they have fewer benefits than they’d anticipated. citizens would have to wait far longer to collect their benefits. workers would have less money to take home each week. government officials would please everyone involved.

Answers

The government's increased payroll taxes result in workers having much less money to spend on domestic every week.

What is the payroll tax?

A payroll tax is a percent withheld from an employee's pay via the means of an agency that will pay it to the authorities on the employee's behalf.

The tax is primarily based on wages, salaries, and tips paid to employees. Federal payroll taxes are deducted immediately from the employee's income and paid to the Internal Revenue Service (IRS).

Most states and a few towns and counties impose earnings taxes as well, and those quantities are paid immediately into their coffers.

In addition, employers, who are now no longer employees, additionally pay federal unemployment taxes for every one of their employees.

From the above assertions, it's clear that the precise solution is that workers could have much less cash to spend on domestic every week.

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Answer:

Its C

workers would have less money to take home each week

Explanation:

The main purpose of insurance policies that are protected by COBRA is to:
A. allow people to increase their health coverage by paying higher
premiums.
B. extend insurance coverage to a worker's dependents.
C. allow people to cancel their insurance coverage if they lose their
job.
D. extend insurance coverage if a worker loses their job.

Answers

Insurance policies that are covered by COBRA are done to D. extend insurance coverage if a worker loses their job.

What is the purpose of COBRA?

The Consolidated Omnibus Budget Reconciliation Act (COBRA) protects workers in the event that they lose their jobs for certain reasons.

This protection comes in the form of the worker and their families being able to access the health insurance benefits they had while the worker was working. This access will eventually lapse however.

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6. Responsible for the production of finished products:
O A. Manufacturer
B. Distributor
O C. Driver
O D. Seller

Answers

Answer:

The answer is A. Manufactuer

Explanation:

The manufacturer makes the item.

The manufacturer is responsible for the production of finished products. Thus, option A is appropriate.

A manufacturer is a person or business that turns raw materials into finished products using a variety of tools, machinery, and procedures, and then sells those products to customers, retailers, wholesalers, distributors, or other manufacturers who can use them to make more complicated products.

A manufacturer is an individual or organization that converts raw materials into finished goods and sells them to customers using a variety of tools, machinery, and procedures.

One of the most important economic sectors is manufacturing. It creates products that people require to survive and provides for their comfort.

Thus, option A is appropriate.

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If a manufacturer decides to use a push policy to promote its products, it is most likely to focus its efforts on

Answers

If a manufacturer decides to use a push policy to promote its products, it is most likely to focus its efforts on wholesalers.

What do you mean by push policy?

A push policy refers to a policy that promotes only to the next marketing institution down the marketing channel.

A push promotional strategy is where a firm attempts to take its products to consumers.

Thus, If a manufacturer decides to use a push policy to promote its products, it is most likely to focus its efforts on the wholesalers.

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How do I get an old phone or a phone from someone without paying?

Answers

Answer:

go on the wish website and order one

Explanation:

Answer:

If you want a device you usually would have to pay unless someone give it to you as a gift. Or if you go to pawn shops or to someone who's willing, you can do a trade. You give them something for a phone. But most of the time your gonna have to end up paying something for a phone, even if its not money directly you might have to give something up.

Explanation:

HGD

what is the value of product portfolio?

Answers

Answer:

Product portfolio analysis can provide nuanced views on a stock type, company growth prospects, profit margin drivers, income contributions, market leadership, and operational risk. This is essential for investors conducting equity research by investors or analysts supporting internal corporate financial planning.

What can be traded in a commodities market? stock bonds oil debt

Answers

Answer: C ,oil

Explanation:

did the test

The Oil can be traded in a commodities market.

Why oil can be traded in a commodities market?Oil trading is the selling and buying of various types of oil and oil-related substance to make a profit. Oil is a finite resource, its price can fluctuate wildly due to changes in supply and demand. This volatility makes it extremely familiar among traders. Crude oil is a global commodity that is traded in markets around the world, both as spot oil and through derivative contracts.

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Why are stocks considered a high-risk form of investment?
O A. The value of stogks can rise and fall unpredictably.
B. The government can seize stocks during emergencies.
C. Money invested in stocks must be withdrawn quickly.
D. Stocks can only be purchased using borrowed money.

Answers

Answer:

A

Explanation:

It's A fo sho

Stocks are considered a high-risk form of investment primarily because of their inherent volatility and unpredictability.

The value of stocks can rise and fall quickly and unpredictably, often in response to various factors such as economic news, market trends, and company performance.

This means that investors who buy stocks are exposed to a significant amount of risk, as they can lose a substantial portion of their investment if the value of the stocks they own declines.

Furthermore, stocks are not backed by any guarantees or collateral, unlike bonds or other fixed-income securities. In addition, stocks do not have a fixed maturity date, which means that investors cannot predict when they will be able to sell their stocks and realize their returns.

Finally, stocks are subject to a range of other risks, such as company-specific risks, market risks, and currency risks, which can all contribute to the overall volatility and unpredictability of stock prices.

In conclusion, while stocks can offer the potential for high returns, they are also associated with a high degree of risk due to their unpredictable nature and lack of guarantees.

As such, investors who choose to invest in stocks should be prepared to tolerate significant fluctuations in the value of their investments and should carefully consider their risk tolerance and investment objectives before making any decisions.

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If i get paid bi weekly how many paychecks in a year.

Answers

Answer:

52 paychecks

Explanation:

Because there is 52 weeks in a year.

-Hope This Helps!

-Justin:)

The Fair Labor Standards Act was originally intended to cover employers engaged in Multiple Choice intrastate commerce only. any and all commerce, including foreign commerce. both intrastate and interstate commerce. interstate commerce only.

Answers

The Fair Labor Standards Act was originally intended to cover employers engaged in interstate commerce only.

What is the  Fair Labor Standards Act ?

This is the labor act in the United States that is used to establish the minimum wage as well as the overtime pay of the workers in the country.

It is a federal law that is also applicable to record keeping in the nation. It protects workers from unfair wages.

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Perfect price discrimination is characterized by charging customers a different price, depending on their income. customers a different price, depending on their gender. different prices to customers based on when they purchase the good or service. each customer a price equal to his or her maximum willingness to pay. prices that are different from competitors' prices.

Answers

Engaging in perfect price discrimination calls for charging each customer a price equal to his or her maximum willingness to pay.

What is price discrimination?

This refers to a practice where the supplier, charges customers different prices for the same good or service.

The price charged is based on the customer's willingness to pay. This practice can lead to more patronage and profit for the supplier.

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The following taxes were paid at the closing of a new home: $1,540 state documentary stamp tax on the deed, $693 state documentary stamp tax on the note, and $396 state intangible tax on the mortgage. What was the purchase price of the home

Answers

If the state documentary stamp tax on the deed is $1540. The purchase price of the home is $220,000.

Purchase price

First step is to find the tax increment value

Value=Documentary stamps on deed ÷ Rate

Value=$1,540  ÷ $.70

Value = 22,000

Second step is find the purchase price

Purchase price= 22,000 × $100

Purcahse price = $220,000

Inconlcusion the purchase price of the home is $220,000.

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Answer the following questions. For getting full mark - try not to copy paste from the notes.

1. What is the difference between interstate and intrastate commerce? [2 marks]
2. What are the ways that the government can deal with a monopoly? [2 marks]
3. What kinds of property are protected by copyrights? [2 marks]

MATH SKILLS
Frank and his wife Mara have separate investment accounts. Frank’s account has $7,680 invested in stocks and $2,560 in bonds. Mara’s total investment in stocks and bonds is $4,000 split in the same proportion as her husband’s. Write and solve a proportion to calculate how much Mara has invested in bonds. [4 marks]

Proportions
A proportion is an equation with equivalent ratios on each side. When one of the four numbers in a proportion is unknown, the proportion may be solved by using cross products to find the unknown number. Question marks or letters are frequently used in place of the unknown number.

Answer Hint:
Mara has $1,000 invested in bonds. To find the unknown value that represents the value of Mara’s bond investment, you need to know the proportion of Frank’s bond investment. Set up this equation:

Frank’s Total ÷ Frank’s Bonds = Mara’s Total ÷ Mara’s Bonds
$10,240 ÷ $2,560 = $4,000 ÷ ?
4 = $4,000 ÷ ?
$1,000 = ?

Answers

Answer:

1. You are engaging in Interstate commerce by transporting goods across state lines. Intrastate trucking means that you drive your commercial motor vehicle only within a state's boundaries and that you do not fit any of the other descriptions of interstate commerce.

2. The government can regulate monopolies through: Price capping – limiting price increases. Regulation of mergers. Breaking up monopolies.

3. Copyright, a form of intellectual property law, protects original works of authorship including literary, dramatic, musical, and artistic works, such as poetry, novels, movies, songs, computer software, and architecture.

(NOT GOOD AT MATHS LOL)

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