If you have a high-risk tolerance and you want to invest money for the long term,you might invest in _________________.
A) Certificates of deposit
B) Fixed-income mutual funds and high-grade corporate bonds
C) Balanced mutual funds
D) Precious metals

Question

Quizplus · Accepted Answer

Precious metals such as gold, silver, and platinum are considered to be higher-risk investments but can lead to higher returns in the long term. These metals are often used as a hedge against inflation and currency devaluation. However, it's important to note that investing in precious metals entails risks such as price volatility and low liquidity.

If You Have a High-Risk Tolerance and You Want to Invest