Measurable goals are not only the most effective, they also have the highest detail. Achieving a grade is an extremely measurable goal. All you have to do is ensure that you achieve the grade you desire. Sometimes it can be hard to quantify learning goals, network, or other intangibles. You can measure your measurability by linking an objective to achieving certain outcomes in a specified time period. It may be possible to track if your coworkers have learned 2 new techniques or made 2 new connections in the past month.
His company’s high tolerance for risk means that he doesn’t have to make additional investments in order to increase his income. This shows a moderate-to-high tolerance of risk. He can lose between 30% and 40% of his wealth as returns grow. It indicates that he expects to see a greater return on his investment. The management doesn’t anticipate any shifts in risk aversion even after marriage. Although it has limited cash reserves, its large investment portfolio helps to prevent major expenses.
It is clear that the model shows customers can’t save enough money for riskier investments. They also need to have liquidity as they are looking for investments that can be quickly turned into cash. Due to the high cost of living, it is impossible for them to afford less liquid investment.