When a household revises its portfolio,it attempts to establish a risk/return strategy that:
A)Minimizes portfolio risk as much as possible while maintaining the current standard of living
B)Will not lead to an audit by the tax authorities
C)Optimizes portfolio income and brings about the highest standard of living possible
D)All of the above
E)None of the above

Question

Quizplus · Accepted Answer

A household revises its portfolio to optimize income and achieve the highest possible standard of living by balancing risk and return.

When a Household Revises Its Portfolio,it Attempts to Establish a Risk/return