Westonci.ca is your trusted source for finding answers to all your questions. Ask, explore, and learn with our expert community. Get immediate answers to your questions from a wide network of experienced professionals on our Q&A platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

Ronald, a 65-year-old professional, has lost quite a bit of his invested money in the last three months. What strategy may his financial advisor

suggest?

a

Ob

Shift his portfolio to a more moderate approach.

Choose a high-risk portfolio to recover the losses.

Watch the news to learn about best investments.

Ос

Invest only in international companies


Sagot :

Answer:

The strategy that his financial advisor may suggest is:

Shift his portfolio to a more moderate approach.

Step-by-step explanation:

The strategy that got Ronald to this position must have been a high-risk portfolio.  Therefore, his adviser should convince him to pursue a more moderate approach to reduce the losses and ensure recovery.  However, it is known that high-risk investments attract higher returns than moderate-risk investments.  The loss exposure that Ronald has experienced lately may also be cyclical, in which case, it may be more prudent to maintain a long position, as recovery will soon be on the corner.

Answer: A- shift his portfolio to a more moderate approach

Step-by-step explanation:

It’s a simple strategy

Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.