Question

To cause a recession, big new negatives would have to knock about off what amount from the global economy? a. $35 billion b. $4 trillion c. $1.5 trillion d. $650 billion

How high must your FICO credit score be for you to qualify for the best interest rates? 600 650 700 750 800

Overseas stocks have been hot lately. I should increase allocation of foreign stocks from 10 to 80% of my portfolio. 1)Smart move 2)What was I thinking?

In what situation is the tax rate the lowest?

a.Roth distributions in retirement

b.Capital gains

c.Ordinary income tax

d.Traditional IRA distributions before retirement

e.Traditional IRA distributions in retirement

Answer 1

1. To cause a recession an amount of $4 trillion must be knocked off from global economy.
2. In order to qualify for the best interest rate the FICO score must be within 760 -850 hence, the right option out of the four options will be 800.
3. Irrespective of how hot the foreign stocks off late it would never be a smart move to increase allocation of foreign stocks from 10% to 80%. Thus, it would not be a smart move.
4. The lowest tax rate is on the traditional IRA distribution in retirement.