Question

An investor wants to save money over a long period of time. This investor does not need to have easy access to the money and is worried about losing any money. Knowing the interest rate and that it will not change is important. Which investment best meets this investor's needs?
Bonds
IRA
Mutual fund
Traditional savings account

Answer 1

If an investor wants to save money over a long period without easy access to the money and knowing the interest rate will not change, they need A. Bonds.

What are bonds?

Bonds are securities that guarantee the return of capital and periodic interests on a long-term basis.

Types of Bonds include:

• U.S. Treasury Bonds
• Corporate Bonds
• Municipal Bonds.

Thus, if an investor wants to save money over a long period without easy access to the money and knowing the interest rate will not change, they need A. Bonds.

Learn more about long-term investments at brainly.com/question/17050326

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