Marty is now retired and asks for your help choosing an investment that will provide a steady source of income. What do you recommend to Marty in this situation?

Question

Quizplus · Accepted Answer

Investment-grade corporate bonds are a good choice for Marty as they offer a steady source of income with a relatively low level of risk. These bonds come from companies with a strong credit rating, which means they are less likely to default on their debt obligations. This makes them a more stable investment option compared to high-risk corporate bonds or growth stocks. Commodities, on the other hand, tend to be more volatile and unpredictable, making them a riskier choice for a retiree looking for a steady source of income.

Marty Is Now Retired and Asks for Your Help Choosing