This seems like an actually useful quiz!
Based on that, I found out that I have a fairly high risk capacity (33) but a moderate risk tolerance (24).
For someone like me, the risk tolerance sounds about right. I've noticed that I'm starting to be a bit more conservative as time goes by. Again, it's most likely because I'm anticipating to lose my current job soon, but I think it's also because I'm starting to get older.
Now, risk capacity is what I'm slightly concerned about. However, the suggested asset allocation is 80% equities, 20% fixed income, and this is what I would have if I had went all-in on my stock trades anyways. Otherwise, I would be in more % cash.
Here's a quick explanation of the difference between risk tolerance and risk capacity.
Anyways, how did you do on the quiz?
Bonus: Amusing currency picture.
Based on that, I found out that I have a fairly high risk capacity (33) but a moderate risk tolerance (24).
For someone like me, the risk tolerance sounds about right. I've noticed that I'm starting to be a bit more conservative as time goes by. Again, it's most likely because I'm anticipating to lose my current job soon, but I think it's also because I'm starting to get older.
Now, risk capacity is what I'm slightly concerned about. However, the suggested asset allocation is 80% equities, 20% fixed income, and this is what I would have if I had went all-in on my stock trades anyways. Otherwise, I would be in more % cash.
Here's a quick explanation of the difference between risk tolerance and risk capacity.
Anyways, how did you do on the quiz?
Bonus: Amusing currency picture.
August 17th, 2010 at 03:16 pm 1282054573