Answered

IDNLearn.com makes it easy to find accurate answers to your questions. Ask your questions and receive detailed and reliable answers from our experienced and knowledgeable community members.

Assets such as mutual funds, stocks and bonds that are used to meet long term
financial needs are called:
a) Liquid assets
b) Real estate
c) Personal Possessions
d) Investment Assets
e) None of the above

Sagot :

GinnyAnsweridn

Final answer:

Investment assets like mutual funds, stocks, and bonds are meant for long-term financial goals and are not easily converted to cash.


Explanation:

Investment assets are assets such as mutual funds, stocks, and bonds that are used to meet long-term financial needs. These assets are not typically easily converted to cash and are meant for long-term growth and income generation. Real estate is another example of a long-term investment asset due to its illiquidity and the time it takes to sell.


Learn more about Investment Assets here:

https://brainly.com/question/17376076


Your engagement is important to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. Thank you for visiting IDNLearn.com. For reliable answers to all your questions, please visit us again soon.