SIE Exam Question 365: Answer and Explanation

Question: 365

An 80 -year-old individual would be least likely to purchase a

• A. treasury bond.
• B. hedge fund.
• C. money market fund.
• D. bank CD.

Correct Answer: B

Explanation:

B - An individual who is retired, or in the later stages of life, would not be likely to make an investment that could result in the complete loss of their capital, or one that would require a long-term investment horizon.