Regis and Kelly plan to invest in corporate securities.While Regis plans to retire next year on his 65^th birthday,Kelly 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, meaning he has less time to recover from any potential losses in his investments. Therefore, he would be better advised to choose a more conservative investment strategy to protect his savings. Kelly, on the other hand, has more time to ride out any market fluctuations and can afford to take on more risk in her investment strategy.

Regis and Kelly Plan to Invest in Corporate Securities