Behavioral Finance T/F False, income, assets, precisely

brain_wash_your

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?

bkballa

1) True
2) True

Why did you title this Behavioral Finance though?

NakedPuts00

Sorry,... my bad.

mar350

This is goals based investing/estate planning!



Edited 1 time(s). Last edit at Sunday, May 22, 2011 at 09:20PM by Paraguay.

Iginla2011

I would actually say false to the first.

jmh530

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.

Windjam

1. False
2. True

NO EXCUSES

justin88

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.

Valores

TRUE
TRUE

strikethree

oh yeah. nice, thx.