Regis and Kathy plan to invest in corporate securities.While Regis plans to retire next year on his 65^th birthday,Kathy is celebrating her first job after college and her 22^nd birthday.Which of the two investors would be well advised to choose a more conservative investment strategy?

Question

Quizplus · Accepted Answer

Regis is closer to retirement age and will need to rely on his investments for income sooner than Kathy. Therefore, he would be more advised to choose a more conservative investment strategy to protect his savings and reduce the risk of losing money. Kathy, on the other hand, has more time to recover from potential losses and can afford to take more risks by choosing a more aggressive investment strategy.

Regis and Kathy Plan to Invest in Corporate Securities