Monica met with a financial planner last week and he urged her to consider only government bonds and mutual funds in her portfolio. Since she is in her 20s, Monica believes she can tolerate a little more risk. You suggest that it is a better plan to follow the advice of the financial planner, rather than research her choices on her own.

Question

Quizplus · Accepted Answer

While Monica may be able to tolerate more risk in her portfolio due to her young age, it is still important to carefully research and consider investment options before making a decision. Additionally, financial planners often have expertise and access to information that may not be readily available to individuals researching investments on their own. Ultimately, Monica should weigh the advice of the financial planner with her own research and knowledge before making a decision on her investment strategy.

Monica Met with a Financial Planner Last Week and He