According to the monopoly audio visual lecture from Professor Torres, if an elderly person needed to have stable income, then owning a dividend-paying monopoly stock like an electric utiity company or a local water company that pumps water to houses would be a good investment income strategy. ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Note: Please do not think about the PG&E monopoly when you think about this question. It's so sad but PG&E is the only electric monopoly in the entire nation that had to file for technical bankruptcy twice during the last several years due to gross mismanagement and because of political corruption out of Sacramento. Group startsTrue or False