Chartered Investment Counselor (CIC)

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A 35-year-old surgeon has a high income, significant savings, and a multi-decade time horizon until retirement. However, during an initial consultation, she expresses extreme anxiety about stock market volatility and states she 'couldn't sleep at night' if her portfolio value dropped by more than 5%. How should a Certified Investment Counselor (CIC) BEST characterize this client's risk tolerance?

Low ability and low willingness to take risk. High ability but low willingness to take risk. High ability and high willingness to take risk. Low ability but high willingness to take risk.

Correct Answer:

High ability but low willingness to take risk.

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