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 friend and invested $10,000 in a new candy company. He has no other investments. What do you think is darryls risk tolerance level: safe, moderate, or risky? Describe Darryls tolerance risk and the reason for answer

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Answer 1
Safe because he makes $70000 a year. His apartment and he has emergency expenses won’t take out a lot of $. It he invests $10000, he will have extra money just in case.

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