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A comparison of two portfolios shows the following asset allocation: Portfolio A: 70% stocks; 20% bonds; 10% money market Portfolio B: 30% stocks; 40% bonds;
A comparison of two portfolios shows the following asset allocation: Portfolio A: 70% stocks; 20% bonds; 10% money market Portfolio B: 30% stocks; 40% bonds; 30% money market Which of the following statements best describes the portfolios? Portfolio A would be more appropriate for a person in their 60s than Portfolio B because it will give them higher returns. Portfolio A would be more appropriate for a person in their 30s than a person in their 50s. Portfolio B is recommended for most people because it is lower risk. Portfolio B would be more appropriate for a person in their 30s than for a person in their 50s
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