Questionnaires and attitude surveys suggest that risk tolerance
A)increases with age.
B)decreases with age.
C)stays constant over the life cycle for most investors.
D)cannot be assessed.
E)none of the above

Question

Quizplus · Accepted Answer

Multiple studies have shown that risk tolerance tends to decrease with age as investors become more risk-averse and focused on capital preservation. However, it is important to note that individual circumstances and experiences may influence an individual's risk tolerance regardless of age.

Questionnaires and Attitude Surveys Suggest That Risk Tolerance