Question

Which of the following activities will worsen your chance of financial success? Check all that apply.

() Knowledge of the general condition and events occurring in the local, state, regional, national, and international economic environments.

() Knowledge of what other average people believe and how they behave because they affect the same financial markets and economic conditions that affect you.

() The development of personal financial goals and target dates that are consistent with your values, attitudes, and behaviors.

() Self-awareness and knowledge of your own values, as well as attitudes and behaviors regarding money, spending, and saving.

Answer 1

knowledge of what other average people believe and how they behave because they affect the same financial market and economic condition that affect you as what other people believe will be implicating upon my behaviour and that will be affecting my decision making process so that will be a herd mentality and that could lead to to lowering the chance of financial success

All the other options are false.

Correct answer will be option (b)knowledge of what other people believe and how they behave because they affect the same financial market and economic conditions that affect you.