An unemployed single parent who just received a $300,000 divorce settlement would likely prefer investments with less risk.

Question

Quizplus · Accepted Answer

As an unemployed single parent, the individual may have a lower tolerance for risk, as they may have limited income and resources to fall back on. Furthermore, the recent divorce settlement may have been a significant and possibly emotional event, prompting the desire to protect their newfound assets. Therefore, investments with less risk may be a more attractive option for this individual.

An Unemployed Single Parent Who Just Received a $300,000 Divorce