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Cthulhoo comments on Simple investing for a complete beginner? (Just… developing world index funds?) - Less Wrong Discussion

-5 Post author: Owen_Richardson 22 August 2013 07:15AM

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Comment author: Cthulhoo 22 August 2013 03:57:12PM *  1 point [-]

A lot of investment sites also have these kinds of rough tests to get an idea of your risk tolerance so they can suggest advice accordingly, although they aren't necessarily perfect. This link seems to explain some of the issues that come up: http://www.businessweek.com/magazine/content/09_32/b4142059711173.htm

As a side note, if you go to your bank and ask them about investing your money, they will probably make you take one of these tests, and then suggest investments that match your profile (not necessary the best choices, but it could give you an idea of what you can expect).

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