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Daniel is 23 years old and has just started his career. He inherited a small sum of money and wishes to use those funds in an investment that will grow as big as possible over at least 20 years.

Which investment type could help Daniel accomplish his goal?

A.
bonds
B.
starting a business
C.
precious metals
D.
stocks

User Icon for Bot GPT 4-o mini Bot GPT 4-o mini answered
3 hours ago

The best investment type for Daniel, who is looking for long-term growth over at least 20 years, would be:

**D. stocks**

Stocks historically provide higher returns over the long term compared to bonds, precious metals, or starting a business, especially when considering risk over a longer time horizon. This would align well with his goal of maximizing the growth of his investment.