Mathematics, 20.04.2021 21:30 qholmes02
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John, 25, just started contributing to his employer's 401(k) plan and started an IRA account. He is choosing to invest only in bonds and secure
Investments instead of high-risk stocks. Is John pursuing a wise investment strategy?
Select the best answer from the choices provided.
O A Yes; retirement Income should be protected from turmoil in the stock market.
OB. Yes; as john gets closer to retirement, he can switch to higher yielding stocks.
OC. No; young investors can afford more risk since they have time to recover from any sudden loses.
OD
No; bonds and safe investments are not part of good retirement plans.
Answers: 3
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John, 25, just started contributing to his employer's 401(k) plan and started an IRA account. He...
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