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