which statement best describes an example of a short - term investment strategy? a. mariam buys 100 shares…

which statement best describes an example of a short - term investment strategy? a. mariam buys 100 shares of stock in a proven company known for solid, dependable performance over time. b. mariam invests $4,000 in a mutual fund to create a new income stream. c. mariam buys a certificate of deposit to set aside money for a down payment on a car. d. mariam buys an ira that she cant withdraw from without penalty until shes 59.5.

which statement best describes an example of a short - term investment strategy? a. mariam buys 100 shares of stock in a proven company known for solid, dependable performance over time. b. mariam invests $4,000 in a mutual fund to create a new income stream. c. mariam buys a certificate of deposit to set aside money for a down payment on a car. d. mariam buys an ira that she cant withdraw from without penalty until shes 59.5.

Answer

Brief Explanations:

Short - term investments are for near - term goals. A certificate of deposit (CD) for a car down payment is a short - term goal. Buying stocks for long - term performance, mutual funds for long - term income, and an IRA for retirement are long - term.

Answer:

C. Mariam buys a certificate of deposit to set aside money for a down payment on a car.