Last week, Caitlin met with her financial planner, Derek. Derek urged Caitlin to consider only government bonds and mutual funds in her portfolio. Since she is in her 20s, Caitlin thinks she can accept a little more risk. You suggest that it is a better plan to follow Derek's advice, rather than research her choices on her own.

Question

Quizplus · Accepted Answer

As a rule, younger people may be able to tolerate fluctuations in the market, because they have more time to recover financially.

Last Week, Caitlin Met with Her Financial Planner, Derek