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USPshnik [31]
3 years ago
9

"A potential client is 81 years old and has asked his representative for recommendations of speculative "Dot Com" stocks. The cu

stomer has a broadly diversified bond and high dividend paying stock portfolio that provides retirement income, in addition to the customer receiving social security. The customer is concerned that his purchasing power is decreasing and wishes to allocate an increased portion of his portfolio to aggressive growth stocks. The BEST recommendation for this customer is to:"
Business
1 answer:
torisob [31]3 years ago
8 0

Answer:

allocate a portion of the customer's portfolio to "Dot Com" stocks that will not reduce the customer's retirement income below the amount needed for comfortable living

Explanation:

Given that the potential client is concerned that his purchasing power is decreasing and wishes to allocate an increased portion of his portfolio to aggressive growth stocks.

Hence, the best recommendation is to "allocate a portion of his portfolio to "Dot Com" stocks that will not reduce his retirement income below the amount needed for comfortable living"

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3 0
3 years ago
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4 0
3 years ago
Which is the result of entering a debit in an expense account?
Arlecino [84]

Explanation:

when a payment is made the entries recorded are debit prepaid expenses

3 0
2 years ago
Kier Company issued $700,000 in bonds on January 1, Year 1. The bonds were issued at face value and carried a 4-year term to mat
mezya [45]

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Explanation:

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5 0
3 years ago
Please answer both questions
mrs_skeptik [129]

Answer:

Question 3: Product based

Question 4: Service based

Explanation:

Hope this helps!!

Have a blessed day/night! <333

8 0
3 years ago
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