If Martie Brown,a retiree asked for your help choosing an investment that will provide a steady source of income,which of the following would be the best for you recommend?
A) Growth stocks
B) Certificates of deposit
C) Margin investments
D) Low-rated muni bonds
E) High-risk corporate bonds

Question

Quizplus · Accepted Answer

Certificates of deposit are considered low-risk investments that provide a steady stream of income. They offer a fixed rate of return and are insured by the FDIC, which makes them a safer option than other types of investments. Growth stocks, margin investments, low-rated muni bonds, and high-risk corporate bonds all carry higher levels of risk and do not provide a steady source of income.

If Martie Brown,a Retiree Asked for Your Help Choosing an Investment