Jose is 40 years old and has had a retirement portfolio for 15 years. He still has about 27 years to go before retirement. Which breakdown of investments would a financial advisor most likely suggest for Jose at this point in time?

Question

anonymous · Answer

0% high-risk; 10% medium-risk; 90% low-risk
10% high-risk; 20% medium-risk; 70% low-risk
30% high-risk; 45% medium-risk; 25% low-risk
70% high-risk; 25% medium-risk; 5% low-risk

anonymous · Answer

@jim_thompson5910

anonymous · Answer

i've tried to look back in the lesson for this but i couldn't find anything.

jim_thompson5910 · Answer

hmm not sure since I'm not a financial advisor, but he's had his retirement portfolio for a while now and still has a long time left til retirement

so that makes me think it's best to stick to the low risk investments (remember: higher risk means you wait less time to get more money...but you could lose it all)

anonymous · Answer

should i go with the first one?

jim_thompson5910 · Answer

I'd go for the investments that have the least risk (and yet still pay off of course)

yes I'd go with 0% high-risk; 10% medium-risk; 90% low-risk

it's the one with the most "low-risk" and the least "high-risk"

anonymous · Answer

thank you so much! can i close this and ask a few more?

jim_thompson5910 · Answer

sure