Home
/
Business
/
4. Acredit Scorels Intended to Measure: The Amount of Money You Have in the Bank The Risk of Your Not Repaying Debt Your Income Level

Question

4. Acredit scorels Intended to measure: The amount of money you have in the bank The risk of your not repaying debt Your income level Your financial success 5. When buyIng and selling Investments, you should not: Set your investment goals and consider a time frame Understand basic investment strategies and identify ones that will help you reach your goals Switch your investment strategy often, based on market conditions Learn the different types of investments

Answer

4.1 (175 Votes)
Verificación de expertos
Felicity Elite · Tutor for 8 years

Answer

1. The risk of your not repaying debt2. Switch your investment strategy often, based on market conditions

Explanation

1. A credit score is a numerical expression based on a level analysis of a person's credit files, to represent the creditworthiness of an individual. It is primarily used by lenders to assess the risk of lending money to consumers and to mitigate losses due to bad debt.2. When buying and selling investments, it is generally advised to have a clear investment strategy and stick to it. Frequently switching your investment strategy based on market conditions can lead to poor decision-making and potential financial losses.