How To Determine Your Investment Personality Type
You can take it and you can
You have to ask yourself, "Do I like doing research?" Does the idea of looking at a companys quarterly report, or being on their quarterly earnings call - does that excite me, or does that just give me a headache? Do you read Business Week? Do you read The Wall Street Journal? Do you watch CNBC throughout the day? Are you constantly checking the activity in your investments? If you are, it probably means that, A, you like and enjoy investing, and B, that you've got the time to do it. On the other hand, if you get your account statements in the mail every month and you chuck them in the drawer, and the idea of reading The Wall Street Journal everyday just gives you a headache, then you're definitely a hands-off personality type. What you can do is go to www.sixdayfinancialmakeover.com and there's an online quiz. It's ten or eleven questions. You can take it and you can figure out what kind of an investor you are.