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Unformatted text preview: * Risk Tolerance Test: 8 Questions The general ideas and questions for this test were taken from the Arkansas Lawyer Magazine, Spring 2002 from the website: http://www.arkbar.com/Ark_Lawyer_Mag/_note s/401(k)_Spring02.htm . * Question 1: Age 1) What is your age? 65 and over (1 point) 45 to 64 (2 points) 35 to 44 (3 points) 25 to 34 (4 points) 24 and under (5 points) * Question 2: Time Horizon 2) What is your investment time horizon for this money? 1 year (1 point) 2-5 years (2 points) 5-10 years (3 points) 10-20 years (4 points) 20 years or longer (5 points) * Question 3: Investment Goals 3) What is your primary objective for this money? Preservation of Principal (1 point) Current Income (2 points) Growth and Income (3 points) Conservative Growth (4 points) Aggressive Growth (5 points) * Question 4: Personal Earnings 4) Regarding your current income, do you expect it to: Decrease dramatically in the future (1 point) Decrease a slight amount in the future (2 points) Stay about the same (3 points) Increase with the pace of inflation (4 points) Increase dramatically (5 points) * Question 5: Emergency Fund 5) What amount of money do you have set aside for emergencies? ( Note: This does not include borrowings or credit lines, but does include money in checking and savings accounts, CDs, money market funds, and assets in no-load open-end mutual funds that you can access quickly in case of an emergency.) None (1 point) Enough to cover three months of expenses...
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This note was uploaded on 11/21/2011 for the course BUS M 301 taught by Professor Jimbrau during the Summer '11 term at BYU.
- Summer '11