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Rudy is a 52-year-old freelance writer who wants a short-term, low-risk investment with low liquidity. Which of these investment vehicles should he consider? A) CD B) IRA C) Mut…
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Rudy is a 52-year-old freelance writer who wants a short-term, low-risk investment with low liquidity. Which of these investment vehicles should he consider? A) CD B) IRA C) Mut…
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Apr 22, 2017
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Rudy is a 52-year-old freelance writer who wants a short-term, low-risk investment with low liquidity. Which of these investment vehicles should he consider?
A) CD
B) IRA
C) Mutual fund
D) Stocks
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Gregor Voinov
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The investment that is best for Rudy with a low risk involvement and low liquidity is a CD. Some places have CD's that can be purchased for no minimum deposit and have a rate of 1.25%. The correct answer is A.
Anudeepa
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Apr 26, 2017
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