Karen Shultz has checked the item "I cannot afford any loss of principal regardless of potential return" on the Measuring Attitude Toward Risk (p. 458 in the text) questionnaire. However, 90 percent of her portfolio, which is approaching $1 million, is in equity securities. Karen seeks your advice.

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The Answer of Karen Shultz has checked the item "I cannot afford any loss of principal regardless of potential return" on the Measuring Attitude Toward Risk (p. 458 in the text) questionnaire. However, 90 percent of her portfolio, which is approaching $1 million, is in equity securities. Karen seeks your advice.

Karen Shultz Has Checked the Item "I Cannot Afford Any