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Mr. Zahid is 45-years old and he will retire after 20 years from now and his 35-years old sister Emma has about 30years to retire.

Mr. Zahid is 45-years old and he will retire after 20 years from now and his 35-years old sister Emma has about 30years to retire. Explain how their investment policy statements may differ from each other. How risk affects policy statement of an investor.

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