A 60-year old man wants to trade in and out of the market on a daily basis. he has the investment objectives of income and capit

Question

Rzqust [24]

3 years ago

6

A 60-year old man wants to trade in and out of the market on a daily basis. he has the investment objectives of income and capit

al gains. the best recommendation is a(n):

Business

1 answer:

beks73 [17] · Answer 1 · 2022-01-03T07:31:27+03:00

<span> the best recommendation for the 60-year old man is an: ETF
ETF stands for exchange traded fund. Unlike a mutual fund, Exchange traded fund usually really liquid because it traded like a common stock on the stock exchange. This means that the fund will be available to be retrieved after making short term gains, which will be really suitable for elderly.</span>