NO.PZ2024101802000014
问题如下：
A 40-year-old individual investor meets with a financial advisor and discusses two specific goals: university education for her two children (ages 6 and 8) and her retirement at age 60. She is very specific with her advisor that her children have the financial means to attend a top-tier private university. On the other hand, she is willing to accept a wide range of acceptable income levels during her retirement. Evaluate this investor’s risk tolerance with respect to the two investment objectives discussed with the adviser.
选项：
解释：
This investor is more likely to have lower risk tolerance with respect to meeting the goal of funding her children’s future education expenses. Because she has a very specific type of institution in mind, her tolerance for not meeting this objective is likely low. On the other hand, she seems to be willing to accept a wide range of possible income levels in retirement, so her risk tolerance is likely to be high for this objective.
For paying the university education fee for her two children, she is very specific with her advisor that her children have the financial means to attend a top-tier private university. So the risk tolerance is low in order to make sure that this object have high probability to be met. Lower risk asset like bonds shoud be allocated to the portfolio.
For her own retirement needs, she is willing to accept a wide range of acceptable income levels during her retirement. So the risk tolerance is high because she can suffer the wide range of acceptable income levels. More risky asset like equities and alternatives could be allocated to the portfolio.
