Your grandfather has just passed away, leaving everything to your grandmother. Your grandfather managed all the finances. There are bills like rent, electricity, phone, and cable that have to be paid every month. Your grandmother has asked for your assistance as she knows you are a business major. What strategy for investing would be most appropriate for your grandmother's situation?

Question

Quizplus · Accepted Answer

Given the situation where bills have to be paid every month, investing for income strategy would be the most appropriate approach. This strategy focuses on investment options that generate a regular stream of income, such as bonds or dividend-paying stocks. This would ensure that your grandmother has a steady flow of funds to manage her monthly expenses. Value investing and buy and hold strategies may not be suitable in this situation as they are more focused on long-term growth and may not provide immediate cash flows. Investing for growth may also not be suitable as it may involve higher risk investments that may not be suitable for your grandmother's financial situation.

Your Grandfather Has Just Passed Away, Leaving Everything to Your