Question

1. select three questions you should ask before investing

a. what is my purpose/goal?
b. what is my current net worth?
c. am i diversified?
d. how much will this investment cost?

Explanation:

To determine questions for investing, we analyze each:

• Option a: Knowing investment purpose/goal (e.g., retirement, growth) is crucial to align investments.
• Option b: Current net worth (assets - liabilities) helps assess risk tolerance and investment capacity.
• Option d: Cost of investment (fees, initial outlay) is vital to evaluate affordability and potential returns.

Option c ("Am I diversified?") is more about ongoing portfolio management, not initial pre - investment questions as much as the others. So a, b, d are key pre - investment questions.

Answer:

a. What is my purpose/goal?
b. What is my current net worth?
d. How much will this investment cost?