Series 7 - General Securities Representative Exam

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Jonathan, a 43 year old chemist is opening an individual margin account. He wants to trade options and has an income of $350,000 per year. Which of the following MAY be his investment objective?

Current Income
A
Capital Preservation
B
Speculation
C
Current Income & Capital Preservation
D

Explanations

Jonathan has indicated that he wants to trade options. Given his high level of income and age, current income and capital preservation are mostly likely not his objective. The best answer is speculation and will be confirmed upon gathering more information from Jonathan