Consolidation
Gifting
Accumulation
Spending
Answer is Right!
Answer is Wrong!
The correct answer is C. Accumulation.
An individual with an aggressive risk profile is likely to follow a wealth accumulation investment style. This means that they are willing to take on more risk in order to achieve higher returns. They may invest in stocks, options, and other high-risk investments.
Consolidation is the process of combining assets into one account or investment. Gifting is the act of giving money or property to another person. Spending is the act of using money to purchase goods or services.
An individual with an aggressive risk profile is likely to be more interested in accumulating wealth than consolidating it, gifting it, or spending it. They are willing to take on more risk in order to achieve higher returns.