Scenario: A client comes to you for investment advice on his $500,000 winnings from the lottery. He has been offered the following options by three different financial institutions and requests assistance to help understand which option would be the best for his investment.

Question

anonymous · Answer

Depending on his age he should place most of his money in government bonds and non-volatile bonds or mutual funds (if he is near retirement age) or place it mostly in stocks if he is just starting to work.