historical reurn and risk numbers and some from around the globe

historical reurn and risk numbers and some from around the globe You have now seen some historical reurn and risk numbers and some from around the globe. Write your first investment policy statement regarding the theory of return and risk measurement. Consider a new client who comes in and tells you that she is more risk averse than average and would like to target 12-15% average annual returns. Briefly state how you can start to convince her that her expectations are inappropriate. The information is from the finance book "Bodie, Kane, and Marcus, Investments, Tenth Edition, 2014" in Chapter 5, the subject is Return and Risk.