Why should investors with a short investment horizon invest less money in common stocks?

A) Because the stock market is very volatile and a catastrophic market event can happen at any time.
B) Because the investors won't have enough time available to effectively recover from a loss of their investment principle.
C) Because the transaction costs will negatively affect their returns in the short-term.
D) All of the above are correct.
E) Only A and B are correct.


Answer: E

Business

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