Series 7 - General Securities Representative Exam
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Janice is 64 years old and wishes to retire at 65. Her concern is having enough money to live on for the rest of her life as she will be reliant on social security. She has a limited amount of capital. Her most likely investment objective would be
Speculation
A
Income
B
Growth
C
Capital Appreciation
D
Explanations
Based on Janice's age and financial situation, her most likely investment objective out of the 4 choices would be Income