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Your time horizon is _______________________.
Select a response.
o your ability to comfortably pay all your bills
o the same as your age.
o how comfortable you feel taking the risk of losing your money.
o how long you plan to keep your investments.
The correct answer is: how long you plan to keep your investments.
Explanation: Your time horizon refers to the length of time you expect to hold an investment before needing to access the funds. It plays a crucial role in determining your investment strategy, as longer time horizons generally allow for more risk-taking since there’s more time to recover from market fluctuations. If you are investing for a short time, you may want to choose safer investments.