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An example of a short-term goal would be: How much of an RRSP contribution to make this year. Paying off student loans over five years. Saving for a 20 percent down payment on a home in four years. All of the above Which of the following is most accurate about second mortgages? Most people have two mortgages on their homes. The primary mortgage is for the down payment and the secondary mortgage is the main mortgage. A home equity loan is commonly a second mortgage. Second mortgages are last resort financing. In order to select appropriate mutual funds for yourself, you should determine your investment objectives, evaluate your risk tolerance, and the final step is to: Review and compare key information from the relevant Fund Facts documents. Review and compare key information from the simplified prospectuses. Open an account with a broker. O Consult a certified financial planner. Why is retirement saving difficult? Budgeting for investing Planning ahead Not enough funds to retire All of the above An example of a short-term goal would be: How much of an RRSP contribution to make this year. Paying off student loans over five years. Saving for a 20 percent down payment on a home in four years. All of the above Which of the following is most accurate about second mortgages? Most people have two mortgages on their homes. The primary mortgage is for the down payment and the secondary mortgage is the main mortgage. A home equity loan is commonly a second mortgage. Second mortgages are last resort financing. In order to select appropriate mutual funds for yourself, you should determine your investment objectives, evaluate your risk tolerance, and the final step is to: Review and compare key information from the relevant Fund Facts documents. Review and compare key information from the simplified prospectuses. Open an account with a broker. O Consult a certified financial planner. Why is retirement saving difficult? Budgeting for investing Planning ahead Not enough funds to retire All of the above
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Answer 1 C Saving for a 20 percent down payment on a home in four years Answer 2 C A home equity ... View the full answer
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