This is cute

Posted on April 2nd, 2009 @ 18:29 in Uncategorized

My bank wants me to create an investor profile. For this I have to answer a number of questions like “what return do you expect, how long do you want to invest for… etc”. And this one:

How would you react if the value of your portfolio declined by more than 6% – 9% – 12% – 15% (according to your replies to Questions 5 above)?

  • I would not be able to sleep. I would sell all my risky investments immediately and switch to safer investments.
  • I would not sell immediately, but I would keep close track of the portfolio and I might step in, if the situation worsened.
  • I would hold on to the risky assets in the hope of making up for my current losses over time.
  • I would see the decline in my portfolio as an opportunity and increase my exposure.

 
That is so cute! :)) (I chose the 2nd option btw) My mum tells me they have to ask those questions of every investor to minimize the risk of litigation (and this is way pre-crash cuz I’ve dragged out “creating an investor profile” for at least a year.) Oh and btw my result was this:


  No kidding. *lol*

1 Comment

 
Jordan said on Apr 2, 2009 at 9:44 pm

Goodness, all the talk of numbers and portfolios is extremely INTIMIDATING to me. I sometimes fear growing up. . .


 

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