Are You Taking Too Much Risk?
What is your risk tolerance when it comes to growing your wealth?
Are you risk adverse or do you not mind subjecting your money to large losses? Or maybe you are somewhere in between?
We believe that most people have a general idea of their risk tolerance but not a specific understanding of their tolerance.
With the advent of new technologies, finding your specific risk tolerance can be done in a matter of minutes.
The risk software uses 3 categories:
Capturing Your Risk Score
To obtain your personalized Risk Score, all you need to do is go through the risk program and answer a series of questions. It should take you less than 5 minutes to complete. When done, the program will give your Risk Score.
Determining your own personal Risk Score is vital in helping you understand the risk you are currently taking and the risk you should be taking in the future to reach your retirement goals.