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Imagine that you are a Financial Planner. According to the suitability concept covered in the Personal Finance lecture, you should recommend which type of investment

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Imagine that you are a Financial Planner. According to the suitability concept covered in the Personal Finance lecture, you should recommend which type of investment strategy to a young man in his 20s: Mutiple Choice a "conservative strategy that invests about 50% in bonds and 30% in short-term investments, the rest in equities * *moderate* strategy that invests about 50% in bonds and 20% in short-term investments, the rest in equities. I would not recommend any strategy to him. He should pick his own strategy according to his own financial believe and value system # "growth strategy that invests at least 70% in equities and at the most 30% in both bonds and shon-term investments

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