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Review Questions

  1. What advice does Elder L. Tom Perry give in regard to building an emergency fund and retirement savings?
  2. You are breaking what four principles of successful investing if you begin investing in individual stocks before you have completed the other steps outlined in the previous chapters?
  3. What are six good sources of information for researching individual stocks?
  4. In regard to purchasing mutual funds, what is turnover? Why is turnover an important consideration when buying a mutual fund?
  5. What is an index fund? What is the goal of any given index fund?

 



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