Regis and Kathy plan to invest in corporate securities. While Regis plans to retire next year on his 65th birthday, Kathy 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?

Question

Quizplus · Accepted Answer

Regis is closer to retirement age and may not have as much time to recover from any potential losses in the market. Therefore, he would be better off with a more conservative investment strategy. Kathy, on the other hand, has many years ahead of her to ride out the ups and downs of the market and could potentially benefit from a more aggressive strategy.

Regis and Kathy Plan to Invest in Corporate Securities