Series 7 - General Securities Representative Exam

Preview Mode

Rank the following investments from most appropriate for an 81 year old fixed income recipient to least.

Money Market Funds, Short-term Bond Funds, Balanced Funds, Growth Funds
A
Short-term Bond Funds, Money Market Funds, Balanced Funds, Growth Funds
B
Growth Funds, Balanced Funds, Short-term Bond Funds, Money Market Funds
C
Money Market Funds, Short-term Bond Funds, Balanced Funds, Growth Funds
D

Explanations

The correct answer is ( A ). Money market funds, short term bond funds, balanced funds, and then growth funds. Based on the investor age and financial situation, this is the best choice among the listed answers

Pricing