You are 25 years old and saving for an early retirement.Assuming that you have a high risk tolerance,which of the following can best help you reach your goal of retiring early?
A)A bond fund
B)A money market fund
C)A growth fund
D)A dividend fund

Question

Quizplus · Accepted Answer

As someone with a high risk tolerance, investing in a growth fund can offer the potential for higher returns over the long-term. While there may be more volatility in the short-term, historically growth funds have provided higher returns over time. Choosing a bond fund or money market fund may be more suitable for individuals with a lower risk tolerance who prioritize capital preservation over growth. A dividend fund may offer some potential for both growth and income, but may not provide the same level of growth potential as a growth fund.

You Are 25 Years Old and Saving for an Early