Jung-Hoon is comfortable taking on significant risk in order to maximize his savings. He primarily invests in start-ups and companies that focus on new technology. Which investment strategy does this best represent?
A) market timing
B) value investing
C) buying and holding
D) investing for income
E) investing for growth

Question

Quizplus · Accepted Answer

Jung-Hoon's strategy of investing in start-ups and companies focusing on new technology to maximize savings aligns with investing for growth. This approach typically involves higher risk for the potential of higher returns, focusing on companies expected to grow at an above-average rate compared to their industry or the overall market.

Jung-Hoon Is Comfortable Taking on Significant Risk in Order to Maximize