24.9k views
8 votes
Directions: Match the person with the appropriate investments.

Explain your thinking:

Desmond:
Desmond, an 85-year-old retiree

Carmen:
Carmen, a 30-year-old attorney

Indira:
Indira, a 55-year-old electrician who expects to retire in 10 years Investments

Match them with an explanation

a. 100% invested in a mutual fund investing in new high-tech companies

b. Mutual funds with 80% stocks, 20% bonds

c. Mutual funds with 50% stocks, 50% bonds

d. Mutual funds with 30% stocks, 70% bonds

(I'm mainly doing this to check my answers haha

Directions: Match the person with the appropriate investments. Explain your thinking-example-1

1 Answer

10 votes

Carmen because she is 30 years old and is still working

User Kaveh Naseri
by
6.8k points
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