Reading 19: Life-Cycle Investing －LOS a~Q3 net, investment, following, regarding, white

mayanfang1

Q3. Jay, aged 30, is not wealthy. Kevin, aged 50, has significant net worth. Lee, aged 70, is independently wealthy. Which of the following relationships regarding their optimal investment policies is most accurate?

A)   Lee should be more aggressive than Kevin, who should be more aggressive than Jay.

B)   Kevin should be more aggressive than Jay, who should be more aggressive than Lee.

C)   Jay should be more aggressive than Kevin, who should be more aggressive than Lee.

mayanfang1

答案和详解如下：

Q3. Jay, aged 30, is not wealthy. Kevin, aged 50, has significant net worth. Lee, aged 70, is independently wealthy. Which of the following relationships regarding their optimal investment policies is most accurate?

A)   Lee should be more aggressive than Kevin, who should be more aggressive than Jay.

B)   Kevin should be more aggressive than Jay, who should be more aggressive than Lee.

C)   Jay should be more aggressive than Kevin, who should be more aggressive than Lee.

Correct answer is A)

Even though Lee is older than Kevin, who is older than Jay, wealth dominates age for these investors. Lee is independently wealthy, thus implying that he can be aggressive. Kevin should adopt a moderate risk profile, while Jay should adopt a conservative risk profile.

pundit

a

miguelliu

thx

zhouyp1982

 r

mashanghao

v

eshen

re

sszzyyll

 d

rc2008

d

dandinghe4748

ok