Step 1 of 15 6% This questionnaire is designed to gauge your willingness to take on risk in your investment portfolio. These questions ignore any financial constraints that would influence your ability to take on risk. They only attempt to measure various dimensions of risk-taking including guarantees vs. probable gambles, choice of sure loss vs. sure gain, experience with and knowledge of risk, and comfort with risk. This approach differs from others in that it separates different components of risk into those that can be altered with education from those that may be outside of our control such as time horizon In general, how would your best friend describe you as a risk taker? A real risk avoider Cautious Willing to take risks after completing adequate research A real gambler You are on a TV game show and can choose from the following. Which one would you take? $1,000 in cash A 50% chance at winning $5,000 A 25% chance at winning $10,000 A 5% chance at winning $100,000 You have just finished saving for a once-in-a-lifetime vacation. Three weeks before you plan to leave, you lose your job. You would: Cancel the vacation and recover 75% of the cost Take a much more modest vacation at 50% of the original's cost Go as scheduled, reasoning that you need the time to prepare for a job search Extend your vacation, because this might be your last chance to travel first-class If you unexpectedly received $20,000 to invest, what would you do? Deposit it in a bank account, money market account, or an insured CD Invest it in safe, high quality bonds or bond mutual funds Invest it in stocks or stock mutual funds In terms of experience, how comfortable are you investing in stocks or stock mutual funds? Not at all comfortable Somewhat comfortable Very comfortable When you think of the word “risk”, which of the following words comes to mind first? Loss Uncertainty Opportunity Thrill Some experts are predicting prices of assets such as gold, jewels, collectibles and real estate (hard assets) to increase in value. Simultaneously, bond prices may fall, but experts tend to agree that government bonds are relatively safe. Most of your investment assets are now in high interest government bonds. What would you do? Hold the bonds Sell the bonds, put half the proceeds into money market accounts and the other half into hard assets Sell the bonds and put the total proceeds into hard assets Sell the bonds, put all the money into hard assets and borrow additional money to buy more Given the best and worst case returns of the four investment choices below, which would you prefer? $200 gain best case; $0 gain/loss worst case $800 gain best case; $200 loss worst case $2,600 gain best case; $800 loss worst case $4,800 gain best case; $2,400 loss worst case In addition to whatever you own, you have been given $1,000. You are now asked to choose between two options. Which would you choose? A sure gain of $500 A 50% chance to gain $1,000 and a 50% chance to gain nothing In addition to whatever you own, you have been given $2,000. You are now asked to choose between two options. Which would you choose? A sure loss of $500 A 50% chance to lose $1,000 and a 50% chance to lose nothing Suppose a relative left you an inheritance of $100,000, stipulating in the will that you invest ALL the money in ONE of the following choices. Which one would you select? A savings account or money market mutual fund A mutual fund that owns both stocks and bonds A portfolio of 15 common stocks Commodities like gold, silver and oil If you had to invest $20,000, which of the following investment choices would you find most appealing? 60% in low-risk investments, 30% in medium-risk investments, 10% in high-risk investments 30% in low-risk investments, 40% in medium-risk investments, 30% in high-risk investments 10% in low-risk investments, 40% in medium-risk investments, 50% in high-risk investments Your trusted friend and neighbor, an experienced geologist, is putting together a group of investors to fund an exploratory gold mining venture. The venture could pay back 50 to 100 times the investment if successful. If the mine is a bust, the entire investment is worthless. Your friend estimates the chance of success is only 20%. If you had the money, how much would you invest? Nothing One months' salary Three months’ salary Six months’ salary To View Results Please Submit Information BelowName First Last Email PhoneCommentsThis field is for validation purposes and should be left unchanged.