Which of the following statements about the ‘Risk Profile’ section of the lecture material are TRUE:

An individual who feels as though their basic physiological and safety needs are not being met are more likely to be more risk-averse.
Understanding your risk profile can help you become more educated about risks and your likely reaction to risks. Your risk profile can also limit the investment strategies that a financial adviser is able to recommend to you.

Question

Which of the following statements about the ‘Risk Profile’ section of the lecture material are TRUE: 
 
 An individual who feels as though their basic physiological and safety needs are not being met are more likely to be more risk-averse. 
 Understanding your risk profile can help you become more educated about risks and your likely reaction to risks. Your risk profile can also limit the investment strategies that a financial adviser is able to recommend to you.

Answer

Neither of the statements are true (both are false)

Answer

Both statements are true (neither are false)

Answer

Only statement 1 is true

Answer

Only statement 2 is true

Crowdly

Which of the following statements about the ‘Risk Profile’ section of the lectur...

Want instant access to all verified answers on moodle.telt.unsw.edu.au?