u/briansoverbrawn

C is apparently the correct answer, but isn't an income fund more "conservative" than a balance fund? I assumed the income fund contained more bonds/fixed income than a balanced fund that is 50% stock and 50% bonds. So why isn't D the right answer? Maybe I'm misunderstanding the part about "the standpoint of diversification"?

From the standpoint of diversification, which of the following would be considered the most conservative?

A) A growth fund

B) A sector fund

* C) A balanced fund

D) An income fund

Explanation:

Balanced funds invest in a variety of investment vehicles; therefore, they have more diversification. Because of the diversification, they are better protected against downturns in the financial markets and are more conservative than the other choices listed.

I opted in to FINRA "FIND" recently after passing the SIE. I'm curious if anyone here has found employment or even been contacted by employers through the FIND program. Thanks

UPDATE: I passed :)

Finished Achievable prep and I got (%) 84, 91, 89, 80, 89, 92, 89 on full-length practice exams plus 88% on the FINRA practice exam. 8 full length practice exams, spent about 55hrs total study time, and did about 2500 practice questions and hit 100% readiness on Achievable last week. I'm still struggling on some topics (hedge/income options, ex-dates, open/close mgmt funds) but I'm not sure what more I can do before my exam in 6 hours. Should I even be nervous?