An unemployed single parent who just received a $300,000 divorce settlement would likely prefer conservative investments over speculative investments.

Question

Quizplus · Accepted Answer

An unemployed single parent who just received a large sum of money would likely prioritize stability and security over potential high returns. Conservative investments, such as bonds and mutual funds, are considered lower risk and can provide a steady income stream. Speculative investments, on the other hand, such as individual stocks or cryptocurrency, are higher risk and not suitable for someone who needs to rely on their investments for income.

An Unemployed Single Parent Who Just Received a $300,000 Divorce