Question

Who should have the most conservative investments?

A. An individual nearing retirement age
B. A young single individual who is financially secure
C. A married couple expecting their first child
D. A couple whose children have recently started coll

Answer 1

A. An individual nearing retirement age

Step-by-step explanation:

Conservative investing means that the individual is investing more in bonds and less in stocks. Younger people like those in their twenties can ride the downturns of the stock market since they have a longer investment horizon. However, an individual nearing retirement does not have this much time hence being conservative with his/her investment would provide more financial stability.