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Author Question: Automatic reinvestment plans are a service that provides for (Read 83 times)

jmoore1989

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Question 1

Automatic reinvestment of dividends and interest income
◦ is a default option for most mutual funds.
◦ will allow investors to defer taxes on the amounts earned.
◦ must be reauthorized by the investor each year.
◦ will subject investors to excessive commissions on small transactions.

Question 2

Automatic reinvestment plans are a service that provides for
◦ automatic investment of proceeds from selling one fund into another fund in the same family.
◦ automatic investment of dividends earned within a fund into more shares.
◦ automatic weekly or monthly transfers of funds from a core account to a fund designated by the investor.
◦ automatic movement from aggressive to conservative funds according to the investor's age.


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Marked as best answer by jmoore1989 on Mar 29, 2022

hvhf4k+549qz8f218jyo@shar

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jmoore1989

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Reply 2 on: Mar 29, 2022
Excellent


smrtceo

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Reply 3 on: Yesterday
:D TYSM

 

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