by $22,000 and the elient\'s S&P index mutual find decreass farket interest rate
ID: 2818040 • Letter: B
Question
by $22,000 and the elient's S&P index mutual find decreass farket interest rates decrease, and the client's bond portfolio increases by 105,000 a. $897,000 b. $700,000(no change e. $783,000 d. $617,000 11. Whic h of the following pairs is not one of the main saving alternatives a person? 1. Money 2. US Savings Bonds and Savings account 3. Certificate of Deposit and mutual funds A. 1 and 2 B. 1 and 3 C. 2 and 3 D. Only 1 market funds and money market account arned 12. Bob and Julie annual fixed and variable expenses of $72,00. Their income is S$90,000. Julie is the beneficiary of a trust fund that provides her with only I and intermittent income. What minimum amount should Bob and Julie plan to fund? keep in their emergency a. $18,000 b. $30,000Explanation / Answer
Question 11
Correct answer is D (only 1)
First of all understand that we are talking about not main savings alternatives. Savings cater to the major need of keeping principal amount safe . US savings bonds and savings accounts are considered to be safer than that of money market funds(MMF’s) and money market accounts (MMA’s) because they are backed by US govt. and MMF’s and MMA’s are backed by fund companies. Certificate of deposit (CD’s) and mutual funds (MF’s) are better because CD’s are one of the most low risk investments,they offer high returns than savings accounts but lower than stock, also, MF’s are managed by financial advisors and brokers and are not considered to be vulnerable to market trends unless stock market as whole crashes. Therefore D IS THE BEST SUITED OPTION.
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