Investing prior to age 54 is a time of ________ by investing the majority of one's savings into ________.
A)wealth preservation;conservative funds
B)wealth preservation;preferred stocks
C)wealth accumulation;common stocks
D)wealth accumulation;bonds
E)wealth dispersal;common and preferred stocks

Question

Quizplus · Accepted Answer

Investing prior to age 54 is generally considered a time of wealth accumulation, as there is more time for the investments to grow and potentially generate higher returns. Common stocks are a good choice for this stage because they offer higher potential returns over the long term, although they also come with higher risk. Investing in conservative funds or bonds may be more appropriate for wealth preservation, which is typically a goal for individuals who are closer to retirement age. Preferred stocks and wealth dispersal are not relevant choices for this stage of investing.

Investing Prior to Age 54 Is a Time of ________