Series 7 - General Securities Representative Exam
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Your new client just told you that she wants a low minimum investment with middle of the road risk. Which of the following might you recommend based on this information?
At the Money Call Options
A
A Money Market Fund
B
A Bond Fund
C
A Balanced Mutual Fund
D
Explanations
The balanced mutual fund is the best choice given the limited information. They usually have low minimums and will invest in stocks and bonds. A bond fund and money market account may be too conservative. Options are too risky