Risk tolerance for savings and investing ________.
A)is the same for every individual
B)is dependent on the individual
C)is not important when deciding on an investment strategy
D)should decrease with inflation

Question

Quizplus · Accepted Answer

Risk tolerance is unique to each individual based on their financial situation, personal goals, and comfort level with taking on risk. It is an important factor to consider when deciding on an investment strategy, as it can guide decision-making and help prevent overly risky investments. Inflation does not directly impact an individual's risk tolerance, but it can affect the performance of investments and should be considered when making investment decisions.

Risk Tolerance for Savings and Investing ________