Mike Is in His Late 60's and Retired

question 9

Multiple Choice

Mike is in his late 60's and retired.He wants to maintain a portfolio of investments that will provide him a stable income.Which of the following financial instruments is the most suitable option for Mike?

• A)Loans
• B)Mortgages
• C)Money market securities
• D)Bonds
• E)Stocks

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Definitions:

Utilitarianism

An ethical theory suggesting that the best action is the one that maximizes utility, generally defined as that which produces the greatest well-being of the greatest number of people.

Personal Moral Philosophy

An individual's set of beliefs, values, and principles that guide their understanding of right and wrong and influence their behavior.

Hedonism

A philosophical theory that pleasure or happiness is the highest good and proper aim of human life.

Existentialism

A philosophical theory or approach emphasizing individual freedom, choice, and subjectivity.