You are 25 years old and saving for an early retirement.Assuming you have a high-risk tolerance,which of the following can best help you reach your goal of retiring early?
A)NOW account
B)MMDA account
C)Common stock
D)CT bills

Question

Quizplus · Accepted Answer

Common stock ownership in high-growth companies has the potential to provide high returns over the long term, which is particularly beneficial for someone looking to retire early. However, it's important to note that high-risk investments like stocks can also result in significant losses, and it's essential to diversify a portfolio with a mix of high and low-risk investments. NOW accounts, MMDA accounts, and CT bills are low-risk investments that offer low returns, which may not be sufficient to achieve early retirement goals.

You Are 25 Years Old and Saving for an Early