Nov 18 • Financial Literacy
20% return with no risk test- CORRECT ANSWER
If someone promises a 20% return with virtually no risk, the safest and most financially literate reaction is to assume something is wrong. High return with no risk is a classic red flag.The correct answer to the test was C. Some of you chose B, and doing due diligence is always good practice, but in a case like this the right instinct is skepticism. Turning it down is the prudent move.
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20% return with no risk test- CORRECT ANSWER
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