Series 7 - General Securities Representative Exam
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Your client is a 64 year old woman that is planning on retiring next year. Which of the following choices is a suitable investment for the majority of her portfolio?
Common Stock
A
Balanced Fund
B
Growth Fund
C
Bond Fund
D
Explanations
As the client is approaching retirement, bond funds and money market funds would be most suitable. Since there is no money market fund answer, the best answer is ( D ) - bond fund