Mrs. Jamieson, a retiree, likes to invest in preferred stocks and bonds as it involves very little risk. She knows that the value of many of these stocks will not increase drastically, but the small returns help supplement her pension. Mrs. Jamieson's approach is an example of the market timing strategy.
Answer the following statement true (T) or false (F)
False
Mrs. Jamieson's approach is an example of the investing for income strategy. Investing for income is an approach where investors focus on buying bonds and preferred stocks to generate a steady, predictable flow of income. This approach is popular with retirees who want to supplement their retirement income. See 10-5: Personal Investing
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