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Discover Your Risk Tolerance
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1. In general, how would your best friend describe you as a risk taker? * Required

2. You are on a TV game show and can choose one of the following. Which would you take? * Required

3. 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: * Required

4. How would you respond to the following statement? "It's hard for me to pass up a bargain." * Required

5. If you unexpectedly received $20,000 to invest, what would you do? * Required

6. In terms of experience, how comfortable are you investing in stocks or stock mutual funds? * Required

7. Which situation would make you the happiest? * Required

8. When you think of the word "risk" which of the following words comes to mind first? * Required

9. You inherit a mortgage-free house worth $80,000. The house is in a nice neighborhood, and you believe that it should increase in value faster than inflation. Unfortunately, the house needs repairs. If rented today, the house would bring in $600 monthly, but if updates and repairs were made, the house would rent for $800 per month. To finance the repairs you'll need to take out a mortgage on the property. You would: * Required

10. In your opinion, is it more important to be protected from rising consumer prices (inflation) or to maintain the safety of your money from loss or theft? * Required

11. You've just taken a job at a small fast growing company. After your first year you are offered the following bonus choices. Which one would you choose? * Required

12. Some experts are predicting prices of assets such as gold, jewels, collectibles, and real estate (hard assets) to increase in value; bond prices may fall, however, 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? * Required

13. Assume you are going to buy a home in the next few weeks. Your strategy would probably be: * Required

* Required 14. Given the best and worst case returns of the four investment choices below, which would you prefer?

15. Assume that you are applying for a mortgage. Interest rates have been coming down over the past few months. There's the possibility that this trend will continue. But some economists are predicting rates to increase. You have the option of locking in your mortgage interest rate or letting it float. If you lock in, you will get the current rate, even if interest rates go up. If the rates go down, you'll have to settle for the higher locked in rate. You plan to live in the house for at least three years. What would you do? * Required

16. In addition to whatever you own, you have been given $1,000. You are now asked to choose between: * Required

17. In addition to whatever you own, you have been given $2,000. You are now asked to choose between: * Required

18. 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? * Required

19. If you had to invest $20,000, which of the following investment choices would you find most appealing? * Required

20. 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? * Required