NO.PZ2024101802000010
问题如下:
What distinguishes risk tolerance from risk capacity?
选项:
解释:
Risk tolerance focuses on the willingness of the investor to take on risk, and if risk is taken on, the appropriate level of compensation is expected for the level of risk. Risk capacity focuses on how much investors can put at risk without affecting their current or future consumption.
risk tolerance combine the investor's ability and willing to take risks. Ability to take risks related to investor's personal wealth status which is more objective. Willing to take risks is more subjective.
Risk capacity depends on investor's income, wealth, investment horizon and liquidity needs. It is more objective.