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Basic Question 2 of 8

Risk attitude can be affected by ______.

I. psychological factors
II. investment time horizon
III. net wealth
IV. level of financial knowledge

User Contributed Comments 3

User Comment
ybavly they mean II and III affect the ability to accept risk
maryprz14 I hate chapters like this... too many interpretations.
khalifa92 likewise here, if I knew risk attitude is exactly risk willingness ...
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I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

describe risk and return objectives and how they maybe developed for a client

explain the difference between the willingness and the ability (capacity) to take risk in analyzing an investor's financial risk tolerance

CFA® 2024 Level I Curriculum, Volume 6, Module 4.