Darryl makes 70000 a year as a software engineer Darryl rent

Darryl makes $70,000 a year as a software engineer. Darryl rents an apartment and has an emergency savings fund for 10 months of living expenses. Darryl got a tip from a invested $10,000 in a new candy company. He has no other investments. What do you t is Darryl\'s risk tolerance level: safe, moderate, or risky? Describe Darryl\'s tolerance i the reason for your answer. friend and hink risk and

Solution

Darry\'s risk tolerance level is high because the only source of savings he had was invested in a new candy shop. Investing the only source of savings in a new venture is a depicts risky tolerance level of Darry. Thus, he is a risk lover.