Which of the following is not one of the three essential investment objectives?

• A. Yield
• B. Tax planning
• C. Liquidity
• D. Safety

Answer: (B)

The main idea is understanding the usual trio of core investment objectives: safety, liquidity, and yield. Safety means protecting the principal, so funds aren’t exposed to undue risk. Liquidity ensures you can access cash when needed, without delays or penalties. Yield is the return you earn from the investment. Tax planning, while important in managing overall finances and after‑tax returns, isn’t one of these fundamental objectives of choosing an investment itself—it’s a broader consideration that affects how much you keep after taxes, not the primary goal of the investment vehicle. So tax planning isn’t part of the three essential investment objectives.