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May 2, 2019
Women And Risk Tolerance: A Modern Perspective
A couple of months ago I was in a Canadian bank branch and I overheard an exchange between a junior financial advisor and a young couple that were setting up an investment account:
Advisor : “What is your risk-tolerance?”
Woman : “What do you mean by that?”
Advisor: “Well that’s a bigger conversation that is probably best left for another day. How about we just say conservative for now?”
Woman : “Umm. OK I guess”...