Personal finance?

Discretionary authority allows your broker to invest your money without consulting you about the price, the type of security, the amount, and when to buy or sell.
True
False

2: It is inappropriate to ask your investment professional how much he/she is getting paid.
True
False

3: Investing makes it possible for your money to work for you.
True
False

4: You should compare your investment鈥檚 performance against an index of similar investments over the same period of time.
True
False

5: Churning is legal.
True
False

6: You should make sure the investment professional and her firm are registered with the SEC and licensed to do business in your state.
True
False

7: A discount brokerage charges higher fees and commissions for its services than what you鈥檇 pay at a full-service brokerage.
True
False

8: A full-service brokerage fees and commissions do not pay for a broker鈥檚 investment advice based on that firm鈥檚 research.
True
False

9: When you purchase shares of a mutual fund, the fund must provide you with a prospectus.
True
False

your question sounds/looks like a homework assignment.
True
False

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