Will just returned from Afghanistan and has $25,000 in his savings account. His girlfriend recommends he speak with a financial advisor and let his money "make more money." Will has his eye on a new truck, but knows that his old Jeep will most likely last another four years. By then, though, he will definitely need this money to buy something new. Not to mention, he also knows he will have other needs too. Will should buy high-growth stock with his funds because even though they are risky, they also have the greatest potential of bringing in a better return on his investment.

Question

Quizplus · Accepted Answer

Although he is young and probably has time to recover from downward spirals in the stock market, Will requires liquidity, and cash availability in four years or less. It is best to consider a lower-yielding, but less-risky investment.

Will Just Returned from Afghanistan and Has $25,000 in His