Bill Teague has just gotten a gift of $20,000 from his parents and is trying to decide how to invest it. He is thinking about investing in a money market mutual fund because he knows he can withdraw the money from the money market mutual fund whenever he needs it with little chance of loss in value. What aspect of investing is Bill most concerned about?

Question

Quizplus · Accepted Answer

Bill is most concerned about liquidity, as he wants to be able to withdraw the money easily whenever he needs it with little chance of loss in value. A money market mutual fund provides high liquidity with low risk.

Bill Teague Has Just Gotten a Gift of $20,000 from His