asked 37.2k views
2 votes
Long-term investments are most commonly used to save money for .

asked
User Hung Cao
by
8.8k points

2 Answers

6 votes

Answer:

they are correct, it is retirement...

Step-by-step explanation:

answered
User Jason Richmeier
by
8.2k points
4 votes

Answer:

retirement.

Step-by-step explanation:

A long-term investment is the safest way to create wealth for the investor who intends to retire and create a legacy that can be passed on to future generations. Being a long-term investor refers that the individual is willing to take a certain level of risk in search of possibly higher benefits and he or she afford to be patient for prolonged periods of time. It also means that one has enough money to allow a fixed sum to be locked up for a long duration of time.

answered
User Nuibb
by
8.8k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.