The human body is a highly complex, self-contained entity that relies on several subsystems to function. A failure in any one of these systems could create a real crisis. No one would like being told that his/her brain, cardio-vascular, endocrine, nervous or other system might stop functioning or begin to “over function.” The results could be disastrous. Like the human body, the global economy is an extremely complicated organism that has many different parts. Regulation, taxation, business climate, employment, politics and other systems — all have the potential to dysfunction, creating a crisis that can impact your wealth.
Posts Tagged: advisors
For years, advisors at financial institutions have relied heavily on risk tolerance questionnaires as a method to profile their clients. The answers are weighted and scored to derive what is considered to be an appropriate investment objective and corresponding asset allocation.