it would be normal to return big amount of money, what about a penny? do you think going to far to return such a small amount is reasonable? why?
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it would be normal to return big amount of money, what about a penny? do you think going to far to return such a small amount is reasonable? why?
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Explanation:
Doubling your money is a badge of honor, often used as bragging rights at parties and around the Thanksgiving dinner table. Spurious promises to double one's money can also be made by overzealous advisors or worse, scamsters and fraudsters. Perhaps the urge to double one's money comes from deep in our investor psychology—the risk-taking part of us that loves the quick buck. When it comes to efforts to do so, however, two critical elements that are interrelated need to be considered: time and risk. This refers both to your (investing) time horizon and risk tolerance, as well as the attributes of the investment itself, such as the time it might take for the investment to double, which in turn is a function of the riskiness of the investment.
Answer:
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