Which of the following statements about the ‘Risk Profile’ section of the lecture material are TRUE:

An individual who feels as though their basic physiological and safety needs are not being met are more likely to be more risk-averse.
Understanding your risk profile can help you become more educated about risks and your likely reaction to risks. Your risk profile can also limit the investment strategies that a financial adviser is able to recommend to you.

Question

Which of the following statements about the ‘Risk Profile’ section of the lecture material are TRUE: 
 
 An individual who feels as though their basic physiological and safety needs are not being met are more likely to be more risk-averse. 
 Understanding your risk profile can help you become more educated about risks and your likely reaction to risks. Your risk profile can also limit the investment strategies that a financial adviser is able to recommend to you.

Answer

Neither of the statements are true (both are false)

Answer

Only statement 1 is true

Answer

Only statement 2 is true

Answer

Both statements are true (neither are false)

Crowdly

Which of the following statements about the ‘Risk Profile’ section of the lectur...

Want instant access to all verified answers on moodle.telt.unsw.edu.au?