Question

question 6 of 6
parker is 21 years old, has weak financial stability, a long-time horizon, and a high risk tolerance. how should parker invest?
select a response.
more stocks than bonds and cash equivalents
more cash equivalents than bonds and stocks.
more bonds than stocks and cash equivalents.

Explanation:

Stocks carry higher risk but offer higher long-term growth potential. Parker has a long time horizon to ride out market volatility, high risk tolerance, and weak short-term financial stability which means they can prioritize growth over low-risk, low-return assets like bonds or cash equivalents.

Answer:

More stocks than bonds and cash equivalents