WHAT’S MY RISK PROFILE?
Are You a Rational Investor?
We would all like to find an investment which provides good returns with no risk. At this point a pig flies overhead. Yes, that sort of investment doesn’t exist. All investment involves some sort of risk. The question is, what sort of risk are you prepared to accept? To answer that question, you need to determine your risk profile.
So, what is a Risk Profile?
Sorry, here’s a bit of jargon: Risk profiling is a process for finding your optimal level of investment risk considering the risk required, risk capacity and risk tolerance, where:
- risk required is the risk associated with the return required to achieve your goals from the financial resources available,
- risk capacity is the level of financial risk you can afford to take, and
- risk tolerance is the level of risk that you are comfortable with.
So, are you ready to understand your attitude to risk? Answer the questions here to get your free Risk Profile, and receive your report as a free download at the end. There are 21 questions:
Risk Profiler provided by NZFunds. Risk Profile information provided by riskprofiling.com. EpsomTax.com Limited does not claim endorsement by either NZFunds or RiskProfiling.com. All trademarks and intellectual property belong to their respective owners.