DECA Financial Consulting Complete Practice Exam

Consulting a certified financial planner is an excellent choice for Marcus as it provides him with personalized professional advice tailored to his specific financial situation and goals. A certified financial planner possesses expertise in various aspects of financial management, including investment strategies, retirement planning, and education savings. This professional can help Marcus create a comprehensive financial plan considering his son’s education costs, retirement needs, and risk tolerance, ensuring his investments align with both short-term and long-term objectives.

While investing in stocks, taking a finance class, or analyzing market trends can all be beneficial actions in isolation, they may not address Marcus's overall financial strategy effectively. Simply investing in stocks can involve significant risks, and without a well-rounded understanding of all investment options and strategies, he could expose himself to financial pitfalls. Enrolling in a finance class would enhance Marcus's knowledge, but without a specific application to his unique situation, it may not directly help him make the best decisions. Analyzing market trends is valuable, but it requires an understanding of how those trends fit into a broader investment strategy, something a financial planner can help clarify. Thus, consulting a certified financial planner is the most effective route for achieving Marcus's financial goals.