Investment Risk Tolerance Quiz

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MachineGhost
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Investment Risk Tolerance Quiz

Post by MachineGhost » Tue Sep 20, 2016 9:53 pm

Backed by science! Risk tolerance is a stable personality trait. However, risk perception changes because it is a cognitive appraisal based on one's current mental state.

http://njaes.rutgers.edu:8080/money/riskquiz/
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Re: Investment Risk Tolerance Quiz

Post by boglerdude » Tue Sep 20, 2016 10:46 pm

24 - average/moderate tolerance for risk.

Expected lower. . .I found this forum after all.

They say people are irrationally risk averse but it also depends on how much you can afford to lose.
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MachineGhost
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Re: Investment Risk Tolerance Quiz

Post by MachineGhost » Tue Sep 20, 2016 10:53 pm

Me too.

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"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes

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l82start
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Re: Investment Risk Tolerance Quiz

Post by l82start » Wed Sep 21, 2016 12:37 am

ditto
but with a 28 instead of 24.. i am a wild man ;)

(Your Score: 28 You have an average/moderate tolerance for risk)
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Re: Investment Risk Tolerance Quiz

Post by dragoncar » Wed Sep 21, 2016 2:10 am

Above average, but possibly a $200 gain is insignificant compared to my portfolio. If they example values were 10-100 times bigger I'd be far more cautious
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Re: Investment Risk Tolerance Quiz

Post by MachineGhost » Wed Sep 21, 2016 10:33 am

dragoncar wrote:Above average, but possibly a $200 gain is insignificant compared to my portfolio. If they example values were 10-100 times bigger I'd be far more cautious
Yeah, I noticed that too. The marginal wealth impact of some of the questions is a waste of time for us peeps but you're "supposed" to choose the correct answer anyway according to the rules of behaviorial finance (i.e. go for the highest expected value of the propositions instead of the sure gain... well, the highest expected value is a waste of time for me, so I rather have the sure gain than risk getting nothing at all or less.)

And I thought the lack of "valuation" was conspisciously absent also. That plays the largest role in determing future long-term returns than behavioral finance questions. But that may be too much for the average Boobus Americanus.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes

Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet.  I should not be considered as legally permitted to render such advice!
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Re: Investment Risk Tolerance Quiz

Post by clacy » Wed Sep 21, 2016 11:10 am

33 here. I guess that's why I'm comfortable with a leveraged PP.
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Re: Investment Risk Tolerance Quiz

Post by dualstow » Wed Sep 21, 2016 11:23 am

twenty
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buddtholomew
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Re: Investment Risk Tolerance Quiz

Post by buddtholomew » Wed Sep 21, 2016 1:42 pm

shit...17.
Basically anything but Fort Knox is insufficient.
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Cortopassi
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Re: Investment Risk Tolerance Quiz

Post by Cortopassi » Wed Sep 21, 2016 1:56 pm

29...on paper.

Reality is much lower...

Which is why I like the PP.
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Re: Investment Risk Tolerance Quiz

Post by iwealth » Wed Sep 21, 2016 3:28 pm

27, and I also have no idea how I'd have answered some of those questions under different financial circumstances.

17, Budd, sheesh ;)
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Re: Investment Risk Tolerance Quiz

Post by buddtholomew » Wed Sep 21, 2016 3:44 pm

It's a phobia, difficult to overcome.
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