Find Out Your Investor Type With 6 Questions
Are you a daring Explorer or a cautious Hiker? During a market downturn, are you likely to panic or make an informed decision? Do you lean towards rewards or minimum risks?
Q 1. Where Do You See Yourself With Regards To Taking Investment Risks?
- The safer the better
- The golden middle
- High risk, high reward
Q 2. How Often Do You Buy Or Sell Investments?
Q 3. How Would You React To Financial Losses?
- Sell immediately
- Be patient for a while and reassess the situation
- Stick to my investment plan
Q 4. Are You Willing To Put A Significant Part Of Your Wealth In High Risk Investment?
- Not sure
Q 5. How Often Would You Like To Oversee Your Portfolio?
Q 6. Would You Risk Losing Some Money For The Chance To Gain?
- Not sure
You are a conservative investor seeking to preserve your wealth while earning modest but consistent periodic returns, even if overall investment returns are lower. You do not like market downturns and will prepare ahead of time to minimize losses during such events.
You do NOT act impulsively to new information but try to make an informed decision by monitoring the situation and doing your own research. During market volatility, you can stick to your investment plan even if it is uncomfortable but may deviate if you get too uncomfortable. You tend to review your portfolio regularly.