1.Maggie works as a client support representative for a Fortune 500 company. As she reviews her 401(k) balance and investment options, she chooses to move her balance and future contributions into the top 4 performing funds for 2021. This is an example of the _____ bias.

A. Illusion of control

B. Hot hand fallacy

C. Paradox of Choice

D. Loss Aversion

2. Sequence of Returns Risk is:

• A. Risk faced by retirees in the order in which investments gain or lose value
• B. Risk that social and tax programs may change in the future
• C. Risk multiplier due to living to an advanced age
• D. Risk that goods and services will cost more in the future

3. Louis wishes to add exposure to a broadly diversified group of established companies that are based outside the United States. Which of the following would assist him in that endeavor?

• A. Global technology fund
• B. Emerging markets fund
• C. International fund
• D. BRIC fund (Brazil-Russia-India-China