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Your roommate Jeff wishes to switch from using corn oil to using one that is a good source of omega-3 fats.Which of the following should be recommended?
Equity Securities
Financial instruments that signify an ownership position in a publicly-traded corporation, such as stocks.
Long-Term Investments
Assets that a company intends to hold for more than one fiscal year, including stocks, bonds, real estate, and other securities.
Preferred Shares
A class of ownership in a corporation that provides a higher claim on assets and earnings than common shares; dividends must be paid on these shares before any can be distributed to common shareholders.
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