The old adage that the higher returns you receive when investing, the higher the risk is one that everyone should pay close attention to, but when it comes to investing, how do you know what your risk tolerance is? Here are five quizzes to help you determine your risk tolerance:
How Much Risk Can You Handle?: This is a 20 question quiz “designed to get you thinking about your attitude toward – and capacity for – risk.” From these questions they will determine your score which will reveal how much risk you can afford and how much you can tolerate. In addition their will be suggestions of typical investment portfolios based on your answers.