What steps can you take to prevent yourself from being affected by a market correction? Explain.

Answers

Answer 1

Answer:

Nobody like losing money. Market correction is something that no one canforecast. To protect ourselves from market correction, here are some ways youcan take:

1. Avoid listening tofinancial analysts. Ignore the predictions.

2. Study the kind ofmarkets you put your money into. Understanding how they work can help you alot.

3. Be ready to risk.

4. Avoid being impulsiveon your decisions.

5. Think about the risksand the probability of a potential return; from there you can decide what youneed to do.

Related Questions

Firms in the _____ market use information technology in a variety of ways: to attract new customers, manage customer relationships, and handle customer payments online. Answera. B2C b. B2B c. retail d. wholesale
Which of the following is an advantage credit cards have over other forms of consumer credit?a. Cannot make remote payments b. Easier to return merchandise c. Most expensive way to borrow d. Loss of privacy
In the market for reserves, when the federal funds rate is above the interest rate paid on excess reserves, the demand curve for reserves isA) vertical.B) horizontal.C) positively sloped.D) negatively sloped.
In their chief role of _________, operations managers exert considerable influence over the degree to which the goals and objectives of the organization are realized.
A place where people exchange goods and services is called a _____.competitormarketvalue

What is taxable income?

Answers

Taxable income is income after exclusions and deductions. The higher the taxable income, the more tax you will pay. Taxable income is usually less than total income.

Taxable income is what you get payed minus the tax so if you have 20,000 dollars and they tax you you could have 15,000 basically it also varies on how much income you get basically it keeps everybody from getting rich though it goes into getting things like hospitals and other stuff

Allsop Company had no beginning inventory. The company purchases 300 units of inventory in January at $5 each, 500 units at $4 each in August, and 200 units at $6 each in November. The company sells 150 units during the year. Allsop uses a periodic inventory system and the LIFO inventory costing method. What is the cost of goods sold?

Answers

Answer: $900

Explanation: LIFO inventory costing method.

This means Last In First Out method. Since the last stock for the year was bought in Nov and the company sold 150 units.

Using LIFO method, 150 * $6 = $900

The price of money borrowed or saved is called _____.
interest
loan
money supply

Answers

The price of money borrowed or saves is called INTEREST.

When you borrow money, interest is also paid on the principal. When you save money, interest is earned on the savings. This is the price of money borrowed or saved.

Answer:

interest

Explanation:

What is $5.30 reduced by 10%

Answers

to get this answer you can simply move the decimal over one.

Or you can multiple 5.30 *0.10 = 0.53

So you can then subtract 0.53 from 5.30 to get the answer of:

$4.77

the answer is $4.77 your welcome

_________include statistical summaries of each column that include control totals, mean, maximum, minimum, standard deviation, number of zero values, number of empty records, etc

Answers

Answer:

Descriptives

Explanation:

Descriptives/ Descriptive statistics is one in which a set of data is summarized entirely or in parts/portions. Descriptives include every information of statistical importance to the summary of a data set.

I hope this helps.

Successful businesses are keenly focused on their?

Answers

Successful business people never take their eye off the one thing that made them successful in the first place: the primary function of any business is making money. You can't make money without customers or clients (unless you're in the business of robbing banks or bribing politicians).

Other Questions

When you purchase an item in a store, you may be charged __________.

Ben works at a top accounting firm in Salt Lake City and his responsibilities include developing individual and departmental goals, and generating financial analysis across departments and the enterprise as a whole for the executive team to review. Ben’s duties provide value-added to his company and would be categorized as occurring at the different information _____________.

When you receive your paycheck stub, you should _____. check it to make sure it is correct and save it for your records give it to your employer use it to calculate the taxes you owe attach it to your tax return?

"[W]ith respect to interstate and overseas air transportation to consider the following as being in accordance with the public convenience and necessity: (1) the maintenance of safety as the highest priority in air commerce; (2) placing maximum reliance on competition in providing air transportation services; (3) the encouragement of air service at major urban areas through secondary or satellite airports; (4) the avoidance of unreasonable industry concentration which would tend to allow one or more air carriers to unreasonably increase prices, reduce services, or exclude competition; and (5) the encouragement of entry into air transportation markets by new air carriers, the encouragement of entry into additional markets by existing air carriers, and the continued strengthening of small air carriers."Public Law 95-504, "Airline Deregulation Act"The LEAST LIKELY result of the passage of the Airline Deregulation Act of 1978 wasA) ticket prices determined by market forces.B)greater competition within the airline industry.C) a decreased average level of safety for passengers.D) the creation of more and smaller airports in the U.S.