Question
Sarah, age 57, is nearing retirement after working for 30 years in a pharmaceutical company. She is single and has two adult children who are
Sarah, age 57, is nearing retirement after working for 30 years in a pharmaceutical company. She is single and has two adult children who are independent. Sarah has $100,000 to invest and is seeking capital protection and the potential for capital gains.
Which type of mutual fund would you recommend to Sarah?
A.International equity fund.
B.Precious metals fund.
C.Bond fund.
D.Money market fund.
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Get StartedRecommended Textbook for
Entrepreneurial Finance
Authors: J . chris leach, Ronald w. melicher
4th edition
538478152, 978-0538478151
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