Risk Assessment · Risk Tolerance

Risk Talk – Pop Quiz

HAPPY FRIDAY!!!!
In my post on Wednesday, I talked about the risk involved in investing and that we needed to use a methodology to measure our personal tolerance for risk. So here is a quiz I created to help get a sense of where you stand on the investor risk tolerance spectrum
https://www.proprofs.com/quiz-school/story.php?title=mtmxmdgzmannie&id=1310562&ew=430

If you feel comfortable sharing your risk tolerance level in the comments below, please do! I’d love to know!

For me, I am a long term investor and I have a high risk tolerance level so I have built my portfolio to reflect a more aggressive style of investing by including a large number of equities, fewer ETFs/mutual funds and very few CD’s/Bonds. Why am I willing to take these risks now? Because I have time to contribute to my investment portfolios over the next 30 to 35 years before retirement. Compare that to my parents, who have portfolios of their own, they have a more conservative way of investing. Their portfolios have higher concentrations in the CD’s, ETFs and mutual funds than I do.

Now that you know what your risk tolerance is, what should you invest in? We’ll talk all about it next week. Don’t forget to comment what you think a good hashtag will be for my Thursday Company Review blog posts. Still accepting suggestions.

HAVE  A GREAT WEEKEND!

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