Martie Brown is now retired and asks for your help choosing an investment that will provide a steady source of income. In this situation, you recommend
A) growth stocks.
B) certificates of deposit.
C) commodities.
D) margin investments.
E) high-risk corporate bonds.

Question

Quizplus · Accepted Answer

Certificates of deposit (CDs) are a low-risk investment option that pay a fixed interest rate over a set period of time. They provide a steady source of income and are insured by the FDIC, making them a safe choice for retirees like Martie Brown. Growth stocks, commodities, margin investments, and high-risk corporate bonds all carry higher levels of risk and volatility, making them less suitable for an investor seeking steady income.

Martie Brown Is Now Retired and Asks for Your Help