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What type of investor are you?

Before you can choose the right investments and grow your nest egg you should understand what it is you are looking to achieve.

Ask Yourself?

  • What are my short and long-term financial goals?
  • Do I need a regular income stream?
  • How much do I need to achieve my financial goals?
Clearly defined financial goals show where you are, where you’re going and help you track your progress.

Define your risk profile

It is important to understand the type of investor you are, in terms of investment risk. This is called your ‘risk profile’. ‘Risk’ refers to how much volatility you are prepared to accept in investment returns. This may mean the potential risk of losing some of your capital in the short term and/or the potential risk that you may not meet your retirement goals in the long-term.

People’s risk profiles vary – what you consider acceptable in terms of investment risk may not be acceptable to someone else. Your risk profile may depend on your investment timeframe and your view of the relationship between risk and potential return.

So how do you feel about risk and how much risk are you happy to take on?

Of course, there are many things that should be considered when developing an investment strategy – and like most things, there’s no substitute for expert advice. If you’d like to discuss your financial needs and objectives in more detail you can make an appointment with a qualified Bendigo financial planner via your local Bendigo Bank branch, or call 1300 BENDIGO.

Please note, this quiz does not take into account your personal circumstances, financial needs or objectives. It should not be relied upon as a substitute for professional advice.

Investor Profile Quiz