You Have $10 000 to Invest Now and Can Add

question 58

Multiple Choice

You have $10 000 to invest now and can add $550 a month,have a moderate risk profile,and would like to set these funds aside for retirement in 20 years.Your most appropriate option would be to

• A)put the money in a money market savings account.
• B)buy one-year GICs.
• C)invest in small cap mutual funds.
• D)invest in mutual funds managed by the asset allocation method.

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Definitions:

Human

A member of the species Homo sapiens, characterized by their capacity for complex language, abstract thought, and creation and utilization of complex tools and social structures.

Fertility Drugs

Medications used to enhance reproductive potential by stimulating ovulation or supporting other aspects of the reproductive process in individuals facing fertility challenges.

Pregnant

A condition where a female is carrying a developing embryo or fetus within her uterus.

Twins

Two offspring produced by the same pregnancy, which can be identical (monozygotic) or fraternal (dizygotic).