Question
Asked Mar 11, 2020
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Your neighbor has heard that you successfully completed a course in investments and has come to seek your advice. She and her husband are both 50 years old. They just finished making their last payments for their condominium and their children’s college education and are planning for
retirement. What advice on investing their retirement savings would you give them? If they are very risk averse, what would you advise?

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Expert Answer

Introduction

Investment refers to employing excess funds so that income could be earned in the form of interest, dividend or capital appreciation in the market value of investments.

 Investments are made in a way that o...

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