asked 123k views
3 votes
Jorge has just earned $1,000. He would like to invest the money in the stock market. What should he do?

A. open an account with a stockbroker
B. first buy a put option
C. use a computer to contact NASDAQ
D. call the New York Stock Exchange

2 Answers

5 votes

Answer:

The answer is: A) open an account with a stockbroker

Step-by-step explanation:

$1,000 isn't really that much money, so if Jorge wants to start investing then h should contact a stockbroker or mutual fund. Individual clients are not able to trade in NASDAQ or the New York Stock Exchange, and to be honest they will pay very little attention, if any at all, to someone who only has $1,000.

7 votes

The correct answer between all the choices given is the first choice or letter A since the stockbroker would know what to do.
I am hoping that this answer has satisfied your query and it will be able to help you in your endeavor, and if you would like, feel free to ask another question.

answered
User Alexei Sholik
by
8.6k points
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