A 30-year-old client with stable income, a long time horizon, and high risk tolerance wants aggressive growth. Which asset allocation is MOST suitable?

a.90% money market, 10% Treasury bills
b.70% investment-grade bonds, 30% cash
c.80% diversified equities, 20% bonds
d.100% short-term CDs

Explanation

A young investor with a long horizon and high risk tolerance seeking growth is best served by an equity-heavy allocation that can compound over time and weather volatility. Cash-heavy or bond-heavy portfolios would not meet the aggressive growth objective. Suitability aligns the portfolio with the client's profile.

Practice all 100 questions free — no signup required.

Related questions on this topic

Last reviewed: · editorial process

PrepPass Editorial Team · Verified against NASAA Series 66 Uniform Combined State Law Exam · How we review
Report