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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…

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) Mutual fund

D) Stocks

User Gregor Voinov
by
7.8k points

1 Answer

4 votes
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. 
User Anudeepa
by
8.5k points
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