Question

Why might an older person invest in conservative investment portfolio? a.Because an older person has less time to make up for bad investments b. Because conservative portfolios have more potential for fast growth c. Because experts recommend making smaller investments as you age d. Because there are more fees associated with a risky portfolio

Answer 1

The correct answer is a.Because an older person has less time to make up for bad investments

Young people have their entire life to fix their bad investments and can invest into new things that are up and coming and developing. Older people don't have time for that and have to approach investments differently.