Unformatted text preview: steady income and a defined‐benefit pension plan that will provide you with a stable income on retirement, you can afford to take more risks with your own money.
Tolerance for Risk Individuals also have different attitudes towards risk. Some people can live comfortably with the ups and downs of the stock market, while others will be constantly worrying about their money. People who are more uncomfortable with risk are usually advised to invest less of their money in stocks; however, it’s important not...
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- Spring '14
- mutual funds., Professor Dow