From an investing standpoint, stage in life has a lot to do with willingness to bear the risk of various investments. Generally, as an investor moves from wealth accumulation years to wealth preservation years, their portfolio should rotate from a higher risk ________ to a more moderate risk ________ to a lower risk ________.
◦ fixed income fund; bank cd; blue chip stock portfolio
◦ equity portfolio; balanced portfolio; conservative portfolio
◦ commodities portfolio; equity portfolio; mostly equity; some debt portfolio
◦ None of these are satisfactory.