Investment Time Horizons

B

Investors with short investment time horizons are typically looking to make investments that can be easily liquidated, i.e., converted into cash, in the near future, usually within a few months or a year. They are also usually focused on generating returns through capital appreciation rather than income from the investment.

In contrast, investors with longer investment time horizons typically have more flexibility in terms of the liquidity of their investments, as they are not expecting to need the funds in the near future. They may be more willing to invest in assets that are less liquid but have the potential for greater returns over the long term.

Therefore, the answer to this question is B. Investors with short investment time horizons most likely require more liquidity and less emphasis on capital appreciation. They need investments that can be easily converted into cash in the near future, and they may not be as concerned about generating returns through capital appreciation since they will not have a long time to hold the investment and benefit from its growth.