What’s your investor personality? These 5 easy questions (that have nothing to do with finance) may tell you.
Maybe you’re a thrill seeker. Maybe you’re most comfortable on a couch, streaming movies all weekend. Or you need a mix of both. Everyday behaviors can be a window to your personality. They may even indicate what kind of investor you are1—whether you’d prefer to go-it-alone with few guardrails or you’re afraid of losing money and you want someone to nudge you in a specific direction.
Answer these 5 personality questions and find out.
1 Investor personality types are based on the Bailard, Biehl, and Kaiser 5-way model.
About Target Date investment options:
Target date portfolios are managed toward a particular target date, or the approximate date the investor is expected to start withdrawing money from the portfolio. As each target date portfolio approaches its target date, the investment mix becomes more conservative by increasing exposure to generally more conservative investments and reducing exposure to typically more aggressive investments. Neither the principal nor the underlying assets of target date portfolios are guaranteed at any time, including the target date. Investment risk remains at all times. Asset allocation and diversification do not ensure a profit or protect against a loss. Be sure to see the relevant prospectus or offering document for full discussion of a target date investment option including determination of when the portfolio achieves its most conservative allocation.
This questionnaire is provided as education and informational only and provided with the understanding that Principal® is not rendering legal, accounting, investment advice or tax advice. Generated descriptions are as a result of users selected answers to questions. You should consult with appropriate counsel or other advisors on all matters pertaining to legal, tax, investment or accounting obligations and requirements.
Investing involves risk, including possible loss of principal.
Asset allocation and diversification do not ensure a profit or protect against a loss.
Equity investment options involve greater risk, including heightened volatility, than fixed-income investment options.
Insurance products and plan administrative services provided through Principal Life Insurance Co., a member of the Principal Financial Group®, Des Moines, IA 50392.