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Topic 7 - Private Wealth Management
Reading 22 - Risk Management for Individuals - Part I
- LOS: Compare the characteristics of human capital and financial capital as components of an individual’s total wealth.
- LOS: Discuss the relationships among human capital, financial capital, and economic net worth.
- LOS: Discuss the financial stages of life for an individual.
- LOS: Describe an economic (holistic) balance sheet.
- LOS: Discuss risks (earnings, premature death, longevity, property, liability, and health risks) in relation to human and financial capital.