Philippe Grant has a Roth IRA that he manages for himself. The current market value of the portfolio is $60,000, its long-term expected return is 11%,the risk-free rate is 3%, and the portfolio's beta is 1.2. If Phillipe wanted to increase his portfolio's risk, what type of investment should he look for, and why? 

A. An investment with a long-turn return above 3%, as any investment with a return above 3% will make a portfolio riskier 

B. An investment with a beta above 1.2 but below 3.0, as the risk-free rate has the highest beta 

C. An investment with a beta above -1.62, adding risk while adjusting for the risk-free of 3% rate 

D. An investment with a long-term expected return greater than 11%, because high return investments always increase the risk of the portfolio 

E. An investment with a beta above 1.2, because these have higher risk than the portfolio as a whole