1, If a group of individuals base their retirement income precisely on life span, approximately one-half of them will outlive their assets. True or False?
2, Tax avoidance is legal. True o False?作者: bkballa 时间: 2011-7-11 19:34
1) True
2) True
Why did you title this Behavioral Finance though?作者: NakedPuts00 时间: 2011-7-11 19:34
Sorry,... my bad.作者: mar350 时间: 2011-7-11 19:34
This is goals based investing/estate planning!
Edited 1 time(s). Last edit at Sunday, May 22, 2011 at 09:20PM by Paraguay.作者: Iginla2011 时间: 2011-7-11 19:34
I would actually say false to the first.作者: jmh530 时间: 2011-7-11 19:34
first is false, it is life expectancy. Life span is not known ex-ante. ananda is correct.
I can't as hard as I try outlive my life span.
Edited 1 time(s). Last edit at Sunday, May 22, 2011 at 09:25PM by Paraguay.作者: Windjam 时间: 2011-7-11 19:34
1. False
2. True
NO EXCUSES作者: justin88 时间: 2011-7-11 19:34
The first is a BS question, if life span is not known ex-ante then spending cannot be based on it. That said, I definitely fell for it by picking true, as I interpreted life span as life expectancy.
Questions like this scare the hell out of me- I would have said true, and felt 100% confident in it.
Second is clearly true.作者: Valores 时间: 2011-7-11 19:34