Which of the following investors would mostly prefer speculative investments with higher risks over conservative investments with less risk?
A) A 25-year-old single investor who does not have an emergency fund
B) An unemployed single parent who just received a $300,000 divorce settlement
C) A 70-year-old who uses his dividends and interest to pay his monthly bills
D) A dual-career couple (with no children) in their 30s whose combined income is $95,000
E) A retired couple with $850,000 in retirement savings
Correct Answer:
Verified
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A)
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A) Cannot be diversified.
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