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:

Graphic Method

A technique using visual representations such as charts, graphs, and maps to analyze data or solve problems.

Complex Message

A communication that contains multiple layers of meaning or requires significant thought to understand.

Effective Channels

Means of communication that are successfully used to reach an audience or achieve a desired results.

Oral

Pertaining to the mouth or spoken words; used in communication through speech rather than written form.