Question

Which one of the statements is false?

Retirement funds are restricted to a maximum of 75% allocation to equities

Liquidity refers to the ease with which assets in a portfolio can be converted into cash without a loss in value.

Self-attribution bias attribute successes to own skills and talent and failures to circumstances beyond their control.

Moderate investors should have a higher allocation to equities than aggressive investors

Answer 1

[AI-generated answer — Bot GPT 3.5]

Moderate investors should have a higher allocation to equities than aggressive investors is the false statement. Generally, aggressive investors have a higher allocation to equities than moderate investors.