Question

question 1 of 3
working with a broker or brokerage firm is ______________.

• only available through an app.
• limited and never includes asset allocation guidance.
• recommended but optional for making investments.
• needed to buy or sell assets in the market.

Explanation:

To solve this, we analyze each option:

• "only available through an app": Brokers can be accessed via other means (e.g., phone, in - person), so this is incorrect.
• "limited and never includes asset allocation guidance": Brokers do provide asset allocation guidance, so this is wrong.
• "recommended but optional for making investments": Investors can choose to use a broker (for expertise, convenience) but can also invest on their own (e.g., direct stock purchase plans), so this is correct.
• "needed to buy or sell assets in the market": There are ways to trade without a broker (e.g., some direct investment options), so this is incorrect.

Answer:

C. recommended but optional for making investments.