Investor Quiz – Preferred Retirement Options

The battle for sound investing is often created between our two ears. In other words, if you are not an educated investor, then you are easily susceptible to fear, anxiety, stress, and confusion regarding your important investment decisions. Can you answer “yes” to the following questions? You must be 100% confident that you know the answer in order for it to qualify as a “yes” answer.

Have you discovered your True Purpose for Money, that which is more important than money itself?

Yes
No

2. Are you invested in the market?

Yes
No

3. Do you know how markets work?

Yes
No

4. Have you defined your Investment Philosophy?

Yes
No

5. Have you identified your personal risk tolerance?

Yes
No

6. Do you know how to measure diversification in your portfolio?

Yes
No

7. Do you consistently and predictably achieve market returns?

Yes
No

8. Have you measured the total amount of commissions and costs in your portfolio?

Yes
No

9. Do you know where you fall on the Markowitz Efficient Frontier?

Yes
No

10. When it comes to building your investment portfolio, do you know exactly what you are doing and why?

Yes
No

11. Are you working with a financial coach versus a financial planner?

Yes
No

12. Do you have a customized lifelong game plan to guide all of your investing and spending decisions?

Yes
No

13. Do you have an investment policy statement?

Yes
No

14. Have you devised a clear-cut method for measuring the success or failure of your portfolio?

Yes
No

15. Do you fully understand the implications and applications of diversification in your portfolio?

Yes
No

16. Do you have a system to measure portfolio volatility?

Yes
No

17. Are you aware of the costs associated with purchasing commission-based products?

Yes
No

18. Do you know the three warning signs that you may be speculating with your money versus prudently investing it?

Yes
No

19. Can you identify the cultural messages and personal mind-sets about money that destroy your investing peace of mind?

Yes
No

20. Are you ready to shift your personal experience of money and investing from a scarcity mode to an abundance mode – where you can live your life rather than obsess about your assets?

Yes
No