Which of the Following Accurately Reflect Appropriate Investment Guidelines

Multiple Choice

Which of the following accurately reflect appropriate investment guidelines?
I. Always invest in last years best performing mutual fund.
II. Trade frequently to increase your investment returns.
III. Sell losing stocks unless you are willing to buy them at the current price.
IV. Take corrective action when so indicated.

A) I and II only
B) III and IV only
C) I, III and IV only
D) I, II, III and IV