A 60-year old man wants to trade in and out of the market on a daily basis. he has the investment objectives of income and capital gains. the best recommendation is a (n) :

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Business

Branden

6 April, 09:38

A 60-year old man wants to trade in and out of the market on a daily basis. he has the investment objectives of income and capital gains. the best recommendation is a (n) :

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Sara Roach · Answer 1

the best recommendation for the 60-year old man is an: ETF

ETF stands for exchange traded fund. Unlike a mutual fund, Exchange traded fund usually really liquid because it traded like a common stock on the stock exchange. This means that the fund will be available to be retrieved after making short term gains, which will be really suitable for elderly.