Which Of The Following Statements About Investing Is False?

Which Of The Following Statements About Investing Is False?

A) On average, investing money in the stock market earns a higher return than putting money in a savings account.

B) Investing is a guaranteed way to grow your money

C) Investing is best for long-term financial goals, like paying for retirement.

D) Investing is riskier than putting money in a savings account.

The correct answer is B) Investing is a guaranteed way to grow your money

Investing is not a guaranteed way to grow your money. In fact, all investments come with some level of risk, and there is no assurance that you will make a profit. The potential for growth in investments is typically accompanied by a corresponding level of risk. Different types of investments, such as stocks, bonds, real estate, and mutual funds, carry varying degrees of risk and return potential.