estradadamon664 estradadamon664

28-05-2024
Business

Answered

What is the best place to invest a Long-term investment, properly diversified?
O Mutual Fund
O Money Market Fund
O Bond Fund
O Annuity

Answer :

GinnyAnswer GinnyAnswer

28-05-2024

Final answer:

Mutual funds are a recommended choice for properly diversified long-term investments, especially bond mutual funds for a safer investment option.

Explanation:

Mutual funds offer a great option for a properly diversified long-term investment. They pool money from multiple investors to invest in various assets like stocks and bonds, managed by professionals. Bond mutual funds specifically invest in bonds, which are considered safer than stocks and can provide a steady stream of income.

Learn more about long-term investment options here:

https://brainly.com/question/30093894

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