R13 - LOS

CFA Level III
#1

LOS 13.g: Recommend basic strategies for asset allocation and risk reduction when given an investor profile of key inputs, including human capital, financial capital , stage of life cycle, bequest preferences, risk tolerance, and financial wealth.

What’s the difference between financial capital and financial wealth? Thanks.

#2

Capital is more durable and is used to generate wealth through investment**.**

How did you end up in Level3?

#3

So financial weath is just a broad concept compared to financial capital? The sentence grammar structure makes me think these should be mutual exclusive… Sry bad English…