module 2 your risk profile
TRANSCRIPT
Your Risk Profile
1. Compared to others, how do you rate your More Willing Average Less Willing
willingness to take financial risks?
2. When you think of ‘risk’ with respect to investing? Possible earnings What are the pros and cons Possible Losses
What sums up your first thoughts?
3. How easily do you adapt when things go Quickly It is Difficult Can't cope
wrong financially?
4. How much confidence do you have in your Confident Reasonably Confident Not Confident
ability to make good financial decisions?
5. If you had to choose between more job Less security more payrise More security less payrise I am not sure
security with a small pay rise, or less job security
and a big pay rise, which would you pick?
6. When faced with a major financial decision, Usually gains
usually the gains but
sometimes the losses Usually losses
do you concentrate more on possible gains or
possible losses?
7. Would you borrow money to make an investment? Yes Possibly No
8. How much of your investment portfolio would you be
willing to place in an investment that you thought had a high
opportunity of high returnn but a potential for a large loss? More than 50% About 30-50% Less than 10%
9. If property prices were reported as dropping by 20% what
best describes your response?
No problem property investing
is a long term investment over
time it will even out
A bit concerned and would
need to recheck assumptions
and information on why a
property was purchased
Really worried and sick to
the stomach
10. What best describes how you would react to your
property being untenated for a period of time Would do nothing
Would recheck the comparable
rentals in the area and discuss
with property manager
Would drop rent
immediately to get a tenant
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