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标题: ability for risk [打印本页]

作者: adehbone    时间: 2011-7-13 13:33     标题: ability for risk

Schweser exam says a rich guy has a "desire to maintain real purchasing power of the portfolio" which lowers ability to take risk.

Why is that the case? This means you need to earn inflation rate...how does it effect ability?
作者: Analti_Calte    时间: 2011-7-13 13:33

Greater risk-taking gives rise to periods when your portfolio loses purchasing power. If you seek to never lose purchasing power , you might have to be more conservative




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