Afinancialadvisorgathersthefollowinginformationaboutanewclient:<br/>·Theclientisasuccessfuleconomicsprofessoratamajoruniversity<br/>·Theclientplanstoworkfulltimeforsevenyearsandthenwillworkparttimefor3yearsbeforeretiring<br/>·Theclientownstwohomesanddoesnothaveanyoutstandingdebt<br/>·Theclienthasaccumulatedretirementsavingsofapproximately$2millionthroughtheiremployer’sretirementplanandwillhaveanticipatedretirementspendingneedsof$60,000peryear<br/>·Theclientreadsnumerousfinancialpublicationsandfollowsmarketsclosely<br/>·Whileconcernedaboutthecurrenthealthoftheglobaleconomy,theclientmaintainsthatheisalong-terminvestor.<br/>Basedontheaboveinformation,whichofthefollowingbestdescribesthisclient? A: lowabilitytotakerisk,butahighwillingnesstotakerisk B: highabilitytotakerisk,butalowwillingnesstotakerisk C: highabilitytotakeriskandahighwillingnesstotakerisk
Afinancialadvisorgathersthefollowinginformationaboutanewclient:<br/>·Theclientisasuccessfuleconomicsprofessoratamajoruniversity<br/>·Theclientplanstoworkfulltimeforsevenyearsandthenwillworkparttimefor3yearsbeforeretiring<br/>·Theclientownstwohomesanddoesnothaveanyoutstandingdebt<br/>·Theclienthasaccumulatedretirementsavingsofapproximately$2millionthroughtheiremployer’sretirementplanandwillhaveanticipatedretirementspendingneedsof$60,000peryear<br/>·Theclientreadsnumerousfinancialpublicationsandfollowsmarketsclosely<br/>·Whileconcernedaboutthecurrenthealthoftheglobaleconomy,theclientmaintainsthatheisalong-terminvestor.<br/>Basedontheaboveinformation,whichofthefollowingbestdescribesthisclient? A: lowabilitytotakerisk,butahighwillingnesstotakerisk B: highabilitytotakerisk,butalowwillingnesstotakerisk C: highabilitytotakeriskandahighwillingnesstotakerisk