Answer:
a. callahanb
Step-by-step explanation:
Conservative investment strategy means investing in a less risky asset so the there is certain cash flow . Investment in govt bonds or treasury bills or company debentures etc of good rating are example of conservative investment strategy.
Old timers should opt for conservative investment . It is so because their risk bearing capacity is low. They can be reined in case of any windfall loss .
They have fixed liability in the form of medical expenses etc.
On the other hand youngsters have no such fixed liability . So they go for some risky alternative to take advantage of risk premium.