CONSERVATIVE INVESTOR Definition

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CONSERVATIVE INVESTOR, dependent upon the degree of conservatism, is one that protects and preserves their principal above consideration of capital gains to the point that in the extreme they can be described as being risk averse.

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SUMMARY ACCOUNT is a ledger account (such as a control account) whose balance represents the total of other account balances.

DEFERRED ANNUITY is an annuity in which the income payments/withdrawals begin at some future date

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