parker is 21 years old, has weak financial stability, a long - time horizon, and a high risk tolerance. how…

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.
Answer
Brief Explanations:
Parker is young (21 - year - old), has a long - term investment horizon and high risk tolerance. Stocks are generally more volatile but offer higher long - term returns compared to bonds and cash equivalents. So, with these characteristics, Parker should invest more in stocks.
Answer:
More stocks than bonds and cash equivalents