EBK INVESTMENTS
EBK INVESTMENTS
11th Edition
ISBN: 9781259357480
Author: Bodie
Publisher: MCGRAW HILL BOOK COMPANY
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Chapter 28, Problem 1PS
Summary Introduction

To explain: Advice for the investment at the retirement age.

Introduction: After the retirement age, the couple must be invested in fixed income securities and inflation indexed certification. Both these investment gives higher returns without any risk.

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Your neighbor has heard that you successfully completed a course in investments and has come to seek your advice. She and her husband are both 50 years old. They just finished making their last payments for their condominium and their children’s college education and are planning for retirement. What advice on investing their retirement savings would you give them? If they are very risk averse, what would you advise?
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