Jose is a twenty-two year old who just finished college. He lives alone in a small apartment that he rents. Jose has saved up nearly all his earnings from various part-time jobs in order to start his photography business. Given his current situation, Jose most likely has:

Respuesta :

Risk tolerance refers to the ability of investors to tolerate or assume business with high performance variability, where profitability is not guaranteed or has very variable probabilities, that is, with high risk.

An investor with low risk tolerance will avoid investing all his capital in a single possibility in order to avoid risks.

In this case, Jose by saving his capital to invest in a single business, which he hopes to raise and telling his little experience, demonstrates a high risk tolerance

Answer

According to the situation, José probably has high risk tolerance

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