Sydney's goal was to save for college tuition. However, she deposited her money in a CD and she couldn't withdraw it to pay for tuition. Which strategy, principle, or factor should she have considered?
-Consider the opportunity cost.
-Look at your goals and make sure your plan coincides with your goals.
-Understand your risk tolerance.
-Diversify to minimize risk.
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Home » Business » Sydney's goal was to save for college tuition. However, she deposited her money in a CD and she couldn't withdraw it to pay for tuition. Which strategy, principle, or factor should she have considered? -Consider the opportunity cost.