Question: please answer 5 and 6 a-c 5. In one to two paragraphs, respond to the following comment made by Frank: I work as a department
5. In one to two paragraphs, respond to the following comment made by Frank: "I work as a department store greeter and only earn enough to pay my monthly bills. With such a small income, there is no value in starting an investment program." (2 marks) 6. Factors Affecting the Choice of Investments (21 marks) a. Discuss safety and risk as factors affecting investment choice. marks) b. Explain the difference between investing and speculating. (2 marks) c. Explain the concept of investor risk tolerance. What are the three drivers of risk tolerance? (2 marks)
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