Janice is a retiree whose investment objectives include: 20% safety of principal; 50% income; and 30% growth.
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Janice is a retiree whose investment objectives include: 20% safety of principal; 50% income; and 30% growth. She is willing to take some risk to earn an above average rate of income with some variability, and capitals gains in order to stay ahead of inflation. Which investment best fulfils her multiple objectives?
Growth stocks
Preferred shares
Short-term bonds
Cash equivalents
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: