Which of the statements comes closest to the amount of financial risk that you (and...
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Finance
Which of the statements comes closest to the amount of financial risk that you and your husbandwifepartner are willing to take when you save or make investments? INTERVIEWER: IF MORE THAN ONE RESPONSE IS GIVEN, USE THE FIRST CATEGORY THAT APPLIES.
Take substantial financial risks, expecting to
earn substantial returns.
Take aboveaverage financial risks, expecting
to earn aboveaverage returns.
Take average financial risks, expecting to earn
average returns.
Not willing to take any financial risks.
While thinking about the bestfit answer, one of the clients mentioned that she cannot handle staying awake at night during market downturns. Take a look at the answers and consider how the client might answer based on what she shared. How would you explain to her the investment process and the relationship between reward and risk?
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