Michael and Kelly plan to invest in corporate securities. While Michael plans to retire next year on his 65th birthday, Kelly is celebrating her first job after college and her 22nd birthday. Which of the two investors would be well advised to choose a more conservative investment strategy?
A) Michael
B) Kelly
C) A conservative investment strategy is always the best strategy for both of them.
D) It depends on whether they want to invest in stocks or bonds.
Correct Answer:
Verified
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