Do You Know Your Risk Number?
When it comes to investing, it's been my experience that subjective terms like "conservative" and "aggressive" are moving targets, one person's conservative investment and another person's aggressive investment might turn out to be the same investment!
We use Riskalyze, comprehensive software that can give you a current and accurate indication of the risk level you may have already assumed and the actual level with which you would be most comfortable.
I prefer to use a number that defines both your risk tolerance and your portfolio's level of risk.
Here's what our short questionaire can do for you:
- Pinpoint Your Risk Number
- Compare Your Investments With Your Personal Risk Number
- Project Your Retirement Map
Using your own computer (or even your cell phone) and a short questionnaire we will fully analyze and help you completely understand your risk tolerance.
*Our vast database ranks each of your holdings according to risk level
* It also applies a score to your entire portfolio.
Wouldn't it be nice to see where you actually stand and if your holdings are in alignment with your own risk tolerance?
Riskalyze allows us to view your dividends and expense ratios as well as allowing us to easily see how reallocation affects your portfolio's risk number.
When investing with an eye towards risk management, the entire conversation changes, there is less incentive to suggest that you take on anymore risk than you have to! If you'd like to determine your own risk number. click this button:
IMPORTANT: The projections or other information generated by Riskalyze regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Your Risk Number provided is on a scale of 1 to 99, with higher numbers indicating higher risk tolerance. Scenarios illustrated are hypothetical and not representative of any specific investment or investor. Individual results will vary. Investing is subject to risk which may involve loss of principal. No strategy assures success or protects against loss.