Series 7 - General Securities Representative Exam
A customer wants to invest but has a need for the funds in 18 months. Which of the following are you MOST likely to recommend?
Oil and Gas PartnershipA
Front Load Mutual FundB
Back Load Mutual FundC
Common stock. Oil and gas partnerships can have long lockup periods and can be illiquid. The front end and back end loads are too high of a percentage to justify a short holding period