Explore BrainMass
Share

Explore BrainMass

    Financial Advisement: Regaining Stocks

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Assume the financing gurus of a weekend investment television program predicted a 50% chance of XYZ stock gaining in January and a 50% chance of gaining in February. Your financial advisor sees this and tells you there is a 100% chance XYZ stock will gain over the 2-month period. Would you continue to use this financial advisor? Explain.

    © BrainMass Inc. brainmass.com October 10, 2019, 7:52 am ad1c9bdddf
    https://brainmass.com/statistics/statistical-theory/financial-advisement-regaining-stocks-investment-598467
    $2.19