We are all individuals, with different investment needs. One person
may be saving up for their child’s education. Yet another is preparing
for their retirement, which is half a lifetime away. While a third
has already quit work – has some savings and wants to get enough
income to live comfortably. The person who’s already retired can
afford to take less risk than the one who still has 30 years to
go and this will affect their investment strategy. Other factors
which might affect it are: their background, their level of
investment knowledge and their individual psychology. If you want
to achieve your investment goals you need to take three basic steps.
One:Get to know yourself, what you are aiming for
and how much risk you are prepared to take to get there.
Two:Make a long term plan to achieve your goal.
Three:Put your plan into practice.
So that you can take the first step towards self-discovery, we
have devised a simple quiz, which will help guide you towards the
investment strategy which is right for you.
Complete the seven simple questions below and mark one alternative
that most describes you.