DOI:

Abstract

Vietnam, as compared to many other countries in the world, has been nurturing an infant stock market. This study is to estimate risk tolerance of investors in HCMC Stock Exchange (HOSE) and then work out a portfolio optimization model on the basis of risk tolerance known. To do thus, questionnaires, Markowitz portfolio theory, and the capital asset pricing model (CAPM) will be employed in the research.

Keywords

Risk Tolerance; Optimal Portfolio; Individual Investor.