Long-term investments tie up money for more than one year.
One reason why individuals focus on long-term investments is to save for retirement.
A 401(k) allows both employees and employers to contribute to a retirement plan.
Explanation:
-Long-term investments refer to assets that are intended to be maintained for more than one year.
-The long term investsments people made in which the money is withheld for a long period of time tend to be for retirement as people think about securing money for that.
A 401(k) is an account offered by employers as a retirement plan in which their employees save and invest money that is taken from their salaries before the taxes are deducted.
Explanation:
I, II and III