One of the key things to understand where you stand with your finances is to understand the current cashflows, but the one most important thing when it comes to understanding the future trends of finances is your Acumen with investments. For this, we at HappyWise bring you our tool called the Investor Acumen Analyzer.
Give yourself for the next 15 minutes, total space on mind and get answering this test.
Once through you will be asked for the PassKey that one of our HappyWise professionals must have shared with you. Once you are through, stay relaxed as we study your answers and get back to you with complete report on what your test results mean and how they can impact the future of your finances & investment decision making.
Here's how this tool works:
After you have made an investment, how do you usually feel?
How familiar are you with the share markets and stocks?
Experts tell you that investments are subject to risk and you have to be prepared for losses as well as gains. What is the level of loss in your investment that you are willing to accept?
What's Your Age Bracket?
If you were investing in a shares, which of the following would suit you best?
What's your typical Investment Time Horizon?
What's your Investment Experience in Capital Markets / Stocks / Equity Mutual Funds?
Interest rates can go up or down. If you had to take a loan and had the choice between a fixed rate and a variable one, which one would you prefer?
If you had to make an investment decision without consulting or discussing it with anybody, how would you feel?
Equity assets can counter the eroding effect of inflation but is risky in short-term.
If the performance of an investment you have recently made is below your expectations or in negative, how would you feel?
If you had to choose between being a salaried employee and running your own business, which one would you prefer?
What's your current type of Occupation?
What do you normally associate the word 'Risk' with?
If you had the choice between a fixed salary and a partly variable one, depending on your performance and the profits of your company, which one would you prefer?
If you looked at the portfolio of the investments that you have already made, how would you characterize them?
Which of the risk/return scenarios would you be most comfortable with?
What's your current Income Level?
When you invest your money in any instrument, what thought comes to your mind first?
Your reaction if your investment dropped from Rs 1,00,000 to Rs 70,000?