Matt Jackson is single and 24. He has just graduated from college and obtained a job making $26,400 a year. Which one of the following investments would you recommend for his long-term investment program?
A) Corporate bonds
B) Government bonds
C) Growth stocks
D) Commodities
E) Money-market fund

Question

Quizplus · Accepted Answer

As Matt is young and just starting his career, he has a longer time horizon for his investment program. Growth stocks are known for their potential to provide higher returns over the long term. With a stable job and steady income, Matt may take some risks and invest in growth stocks to maximize his returns. The other options, such as bonds and money-market funds, typically offer lower returns but with less risk, and commodities can be volatile and unpredictable.

Matt Jackson Is Single and 24