|
Asset Allocation Risk Level Questionnaire
02-17-2018, 06:23 AM
|
#1
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2016
Posts: 9,521
|
Asset Allocation Risk Level Questionnaire
I was wondering if there is a questionnaire that would help to decide a personal risk level for investing for people. I would be looking for a generic form that I could pass on to an individual that isn't sure where he wants to be. It would be a break down of high risk, low risk etc. and maybe give a % of equities or bonds with a risk factor result.
Thanks
|
|
|
|
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
02-17-2018, 09:04 AM
|
#3
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2016
Posts: 9,521
|
^ thanks. I am a member of an outdoor site and there is a young man there that has been looking for some advise on stock market and a path to retirement. I did give him the Vanguard site he may have found this also.
A lot of book of books to read etc. but it is nice to be able to talk to someone and Vanguard would have that for him also.
|
|
|
02-17-2018, 10:00 AM
|
#4
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2017
Location: City
Posts: 10,351
|
I'd point your friend to Bill Bernstein's " If You Can." 16 pages of wisdom for young people and a good suggested reading list. https://www.etf.com/docs/IfYouCan.pdf
Re risk, I don't think we can know our risk tolerance until it is tested. Life is like school except that first you get the test and then you get the lesson.
From Fred Schwed:
"Like all of life's rich emotional experiences, the full flavor of losing important money cannot be conveyed through literature. Art cannot convey to an inexperienced girl what it is truly like to be a wife and mother. There are certain things that cannot be adequately explained to a virgin either by words or pictures."
|
|
|
02-17-2018, 10:31 AM
|
#5
|
Thinks s/he gets paid by the post
Join Date: Dec 2015
Posts: 2,232
|
Quote:
Originally Posted by OldShooter
I'd point your friend to Bill Bernstein's " If You Can." 16 pages of wisdom for young people and a good suggested reading list. https://www.etf.com/docs/IfYouCan.pdf
Re risk, I don't think we can know our risk tolerance until it is tested. Life is like school except that first you get the test and then you get the lesson.
From Fred Schwed:
"Like all of life's rich emotional experiences, the full flavor of losing important money cannot be conveyed through literature. Art cannot convey to an inexperienced girl what it is truly like to be a wife and mother. There are certain things that cannot be adequately explained to a virgin either by words or pictures."
|
Well put.
|
|
|
02-17-2018, 10:36 AM
|
#6
|
Thinks s/he gets paid by the post
Join Date: Dec 2015
Posts: 2,232
|
The recent drop, and subsequent rise of the equities market gave me pause to rethink my AA.
Basically I took pencil to paper and tried to figure out what happens "if"....the market goes up, down, sideways, interest rates go up, down, sideways,, inflation goes up, down sideways, etc etc, and given the size of my nut and my age etc, with the input of some of the retirement calculators, and...
I changed my AA a bit. I nudged it down in equities and up in cash. So far, it's helped me with my sleep. It turned out that, once again, my risk tolerance was lower than I thought.
Maybe that makes sense, as I get older, I needn't take as much risk.
|
|
|
02-17-2018, 11:16 AM
|
#7
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2016
Posts: 9,521
|
Quote:
Originally Posted by OldShooter
I'd point your friend to Bill Bernstein's " If You Can." 16 pages of wisdom for young people and a good suggested reading list. https://www.etf.com/docs/IfYouCan.pdf
Re risk, I don't think we can know our risk tolerance until it is tested. Life is like school except that first you get the test and then you get the lesson.
From Fred Schwed:
"Like all of life's rich emotional experiences, the full flavor of losing important money cannot be conveyed through literature. Art cannot convey to an inexperienced girl what it is truly like to be a wife and mother. There are certain things that cannot be adequately explained to a virgin either by words or pictures."
|
Excellent! This will be passed on to him. Thanks
|
|
|
02-17-2018, 11:49 AM
|
#8
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2008
Posts: 13,146
|
Don't forget to ask him how well he'll sleep at night after he does the questionnaire. The true test of comfort level .
__________________
Have you ever seen a headstone with these words
"If only I had spent more time at work" ... from "Busy Man" sung by Billy Ray Cyrus
|
|
|
02-17-2018, 12:12 PM
|
#9
|
gone traveling
Join Date: Mar 2015
Posts: 3,508
|
Quote:
Originally Posted by street
I was wondering if there is a questionnaire that would help to decide a personal risk level for investing for people. I would be looking for a generic form that I could pass on to an individual that isn't sure where he wants to be. It would be a break down of high risk, low risk etc. and maybe give a % of equities or bonds with a risk factor result.
|
Try this one: https://gps.ricedelman.com/
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|