Question

27 multiple answer 1.5 points identify the reasons people should start investing. build wealth beat inflation fear of missing out consolidate debt generate passive income

Explanation:

• Building wealth is a core reason: investing allows assets to grow over time through compound returns.
• Beating inflation is critical: inflation erodes purchasing power, and investments (e.g., stocks, bonds) typically outpace inflation to preserve value.
• Generating passive income: investments like dividend stocks, rental properties can create ongoing income without active work.
• Fear of missing out is an emotional driver, not a valid financial reason to invest. Consolidating debt is a debt management strategy, not an investment goal.

Answer:

A. Build Wealth
B. Beat Inflation
E. Generate Passive Income