Risk Tol

CFA Level III
#1

below avg above? which one are ya? :slight_smile:

#2

+2 -2 =0 average, this kind of subjective question sucks …

#3

Above…I’m only 30 so I have a lot of good years left

#4

i had above average in the am question.

#5

Three’s a charm Wrote: ------------------------------------------------------- > Above…I’m only 30 so I have a lot of good years > left Agreed. They did this in 2006. Give two reasons for below, give two reasons for above. The guy in 2006 was above average.

#6

and a large windfall coming…plus my kids are smart and they will pass the entrance exam…above indeed

#7

I’m average, i am 30 too but i just bought my new pad and rely upon my assets for my income shortfall

#8

said average since until windfall need portfolio to pay the mortgage

#9

For the life of me I couldn’t find a second reason in the material provided. One was there, the kids may not pass exams and need tuition to be paid. Everything else looked hunky-dory. Finally I pulled in outside stuff that Brazil has had history of high inflation.

#10

Above, can ask the parents for money if needed… Ponpon

#11

I.Banker Wrote: ------------------------------------------------------- > and a large windfall coming…plus my kids are > smart and they will pass the entrance > exam…above indeed i had them potentially failing the entrance exam as a reason why they risk tolerance could be lower. also not having full access to the money. sound right?

#12

i had above but the barely breaking even was wildcard. could argue either/or hmmmmmmmm i’m going wiht above…long time horizon…money coming in

#13

i went below: yes, i’m young and i have a small outflow, but I’m totally dependent on the portfolio to meet current needs every year for along time, plus there’s a requirement to keep all investable assets in short-term bank deposits, which fully limits ability (anyway that’s what I put…but could be wrong if short-term deposits is more “willingness” than “ability” even though the setup said it was a requirement???)

#14

I had like 6 time horizon, now to second windfall, windfall to college, college, college to retirement, retirement…loll Ponpon

#15

definately woudlnt say they were totally dependent on portfolio prockets…making enoug money to cover costs

#16

we didn’t have to justify it right? just circle?

#17

jmychasi…no they only made enough to cover current costs prior to buying the house…it was more the short-term bank requirement that put to below…

#18

prockets - yes agree…just dont know if that’s enough to put them into below…i think it was either above or avg but definately not below

#19

I.Banker Wrote: ------------------------------------------------------- > and a large windfall coming…plus my kids are > smart and they will pass the entrance > exam…above indeed ditto banker. Windfall says it all… IMO.

#20

it was either average or above. I went with above