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 for savings and investing varies from person to person depending on their personal circumstances, financial goals, age, and other individual factors. It is important to consider one's risk tolerance when deciding on an investment strategy as it will affect the type of assets that are chosen and the level of risk that one is comfortable with taking on. It is not necessary for risk tolerance to decrease with inflation, as long-term investment strategies often involve some level of risk in order to achieve higher returns.

Risk Tolerance for Savings and Investing _________________