Question:Why are younger people more apt to take on riskier investments?
A Because they have a longer time horizon to allow for the risky investments to increase over time, and are immune to the short term changes
B Because they do not know the value of money in the long run
C Because they have less knowledge and do not know the potential for loss
D Because there are short term gains to be made
+ AnswerD
+ Explanation
+ Report