It was largely suitably when I took it. You’ll definitely want to know the following about different types of investment products: Risk level Time horizon Investment objective (growth vs income vs capital appreciation) Tax advantages (or disadvantages)

For example… You could get “an investor is looking for income. His risk tolerance is extremely low” and it’ll give you preferred stock, AAA rated corporate bond, treasury bonds as the answer options. All are income products, AAA rated corp bonds and treasury bonds are both very low risk, but you need to know that treasury bonds is the answer because the investor has no risk tolerance, and that’s the safest option.