Phillip Hardy, one of the potential investors, expresses the desire to purchase only those types of assets in which he can maintain a relatively short-term interest. Which of the following investment opportunities would be most suited for Mr. Hardy?

Question

Quizplus · Accepted Answer

Growth stocks, as mentioned in option C, typically offer the potential for short-term gains as they are shares in companies expected to grow at an above-average rate compared to their industry or the overall market. This aligns with Mr. Hardy's desire for investments where he can maintain a relatively short-term interest. Options A, B, and D involve ownership of physical assets or technology, which generally implies a longer-term investment due to the time required for significant appreciation or returns.

Phillip Hardy, One of the Potential Investors, Expresses the Desire