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July 6, 2021

Determining Personal Risk Tolerance

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Assignment 6

Determining Personal Risk Tolerance

Discuss what you think is your own personal tolerance for risk in a certain area, such as finances, personal relationships, lifestyles, etc. After students pick the area and the category they believe they fall under (risk-seeking, risk-averse, or risk-neutral), have them create a list of criteria to help determine risk tolerance more systematically. For example, they can list five to ten questions and determine risk tolerance based on the answers. Research the availability of tools that help determine risk tolerance. Many financial planners offer such tools.

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