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What is my risk tolerance for investments?

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What is my risk tolerance for investments?

The ideal risk tolerance for investments varies from person to person and depends on factors such as age, financial goals, and overall financial situation. Generally, younger individuals with a longer investment horizon may have a higher risk tolerance as they have more time to ride out market fluctuations, while older individuals nearing retirement may prefer lowerrisk investments to protect their wealth. It's important to consult with a financial advisor to assess your personal risk tolerance and develop an investment strategy that aligns with your financial goals and comfort level.

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