Question

Alex is a working professional and has managed to save a small amount of money from his earnings. He wants to invest in something that is customized to his risk appetite. Which financial institution should he choose?
a.hedge fundsB.mutual fundsC.life insurance companiesD.credit unionsEpension funds

Answer 1

I would suggest Alex look into mutual funds. From there, a financial planner can help him decide how much or how little he would like to invest in retail stocks. The stocks and bonds will be based on the risk and amount of money Alex is willing to put in or lose in the event that happens.