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Households are increasingly likely to both directly purchase securities (perhaps via a brokers and also place some money with a bank of th investor's desire

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Households are increasingly likely to both directly purchase securities (perhaps via a brokers and also place some money with a bank of th investor's desire with the appropriate intermediary or direct security e Match 1. Money likely to be needed within six months II. Money to be set aside for college in 10 years III. Money to provide supplemental retirement income IV. Money to be used to provide for children in the event of death 1. Depository institutions 2. Insurer 3. Pension fund 4. Stocks or bonds Multiple Choice O 3,214 ooo 42.13

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