Question 12 (4 points) Saved 12) Penny is a 30-year old waitress. She diligently saves every penny she can and puts $5000 each year into the bank. She has $90,000 in the bank and looks forward to a comfortable retirement. How should Penny adjust the way she is managing her money? A) Since waitresses are not stock market experts, Penny should transfer the money in the bank to a mutual fund actively managed by an expert. B) Since Penny is still young, she should delay planning her retirement until she is at least 50 C) Penny should keep 3 months of expenses as an emergency fund at the bank and invest the rest of her money into a high-growth investment such as a low- cost index fund comprised of stocks. D) None of the above are good pieces of financial advice