Question
Your friend just won $50,000 in an Elvis Presley look-alike contest. He asks you for investment advice. He wants the investment most likely to double
Your friend just won $50,000 in an Elvis Presley look-alike contest. He asks you for investment advice. He wants the investment most likely to double his money in the next year. The choices are:
Portfolio #1: 100% in the S&P 500 index.
Portfolio #2: 100% in Microsoft, one of the best-known companies in the Index.
Portfolio #3: 100% in U.S. Treasury bills.
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Finance for Non Financial Managers
Authors: Pierre Bergeron
7th edition
176530835, 978-0176530839
