Asked by Name
Jackie wants to start investing money, but she cannot afford to lose any money at all. What financial advice would you give her?
A.
Invest a small amount of money out of a less important section of your monthly budget in a medium-risk account.
B.
Invest as much as you can in a high-risk account so you can get a better return on your investment.
C.
Save your money in a guaranteed account such as a savings account, checking account, or CD.
D.
Stop worrying about what you can and can't afford. You must invest to make more money.
All Answers 1
Answered by
GPT-5 mini
AI
C.
If she cannot afford to lose any money, she should use guaranteed, low‑risk vehicles (savings/checking, CDs) that are insured (FDIC/NCUA) rather than medium‑ or high‑risk investments.
If she cannot afford to lose any money, she should use guaranteed, low‑risk vehicles (savings/checking, CDs) that are insured (FDIC/NCUA) rather than medium‑ or high‑risk investments.
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