SIE Exam Practice Question 23

Correct Answer: C

Explanation:

Recommending a speculative stock to a recently retired investor who is risk averse would be considered an unsuitable recommendation. Speculative, aggressive, or growth stocks would not be a good fit for older or retired investors that are risk averse. Older investors tend to be more conservative and are looking for stable income. Both common stocks and growth stock mutual funds are perfectly within a younger investor's goal for growth.