Asked by sonu ann sunny on Jun 06, 2024
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As the typical investor ages, the composition of his wealth usually switches from primarily ________ to primarily ________.
A) human capital; financial capital
B) financial capital; human capital
C) intellectual capital; physical capital
D) investable capital; noninvestable capital
Human Capital
The economic value of a worker's experience and skills, including factors like education, training, intelligence, skills, health, and other things employers value.
Financial Capital
Economic resources measured in terms of money used by entrepreneurs and businesses to buy what they need to make their products or provide their services.
Intellectual Capital
The intangible value of a company's assets such as knowledge, brand, reputation, and employee competence.
- Realize the contribution of risk tolerance to investment decision-making during life's diverse stages.
Verified Answer
Learning Objectives
- Realize the contribution of risk tolerance to investment decision-making during life's diverse stages.
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