Series 7 - General Securities Representative Exam
Jacob is a 21 year old college student that prudently wants to open an IRA. Which of the following portfolio components would be MOST suitable for him?
Mid cap stocks and municipal bondsA
Preferred stocks and money market fundsB
A balanced mutual fund and growth stocksC
Pink sheet stocks and LEAPSD
A balanced fund can provide exposure to stocks and bonds. Combining this with growth stocks given his age, this is the most suitable among the choices