Which of the following would NOT be appropriate for the portfolio of someone practicing an investing-for-income strategy?
A) preferred stocks
B) municipal bonds
C) corporate secured bonds
D) bank certificates of deposit
E) junk bonds
Answer: E
Explanation: E) Junk bonds are considered highly speculative. The issuer could default and the investor would lose the investment.
You might also like to view...
From 1970 to 2000, the U.S. dollar
A. appreciated against the U.K. pound and depreciated against the Canadian dollar. B. depreciated against the U.K. pound and appreciated against the Canadian dollar. C. appreciated against both the U.K. pound and the Canadian dollar. D. depreciated against both the U.K. pound and the Canadian dollar.
A ________ strategy continues to raise prices slowly with expected decreases in volume until the business has exited the market
A) diversify growth B) harvest price C) divest market D) reduce-market-focus E) monetize cash flow
Materials inventory only includes direct materials
Indicate whether the statement is true or false
A communication ________ refers to a plan for what and how to communicate to ensure that a message achieves its purpose
A) strategy B) memorandum C) code D) blueprint E) schema