Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

william is not generally a risk-taker, but he knows he may need to step…

Question

william is not generally a risk-taker, but he knows he may need to step out of his comfort zone to make enough money for retirement.
which investment option would best meet williams needs?

○ a us savings bond
○ a savings account
○ a commodity
○ a certificate of deposit

Explanation:

Brief Explanations

William is not a risk - taker but needs to make enough money for retirement. A US savings bond, savings account, and certificate of deposit are relatively low - risk but may have lower returns. Commodities can have higher potential returns (though with more risk than the other three, but William is willing to step out of his comfort zone a bit). Among these, a commodity has the potential to generate more money for retirement compared to the very low - risk options, and since he is willing to take some risk, it is the best option among the given choices.

Answer:

a commodity