Last month Nellie Jacobson's divorce became final.As part of the settlement,she received $150,000.She would like to invest in mutual funds,but since she is 62 years old,she is concerned with the safety of her "nest egg." Which of the following mutual funds would you recommend?

Question

Quizplus · Accepted Answer

Given Nellie Jacobson's age and her concern for the safety of her investment, a short-term U.S. government bond fund (E) is the most suitable option. These funds invest in government securities, which are considered low risk, aligning with her need for a safe investment for her "nest egg."

Last Month Nellie Jacobson's Divorce Became Final