Monday, September 26, 2011

1. Reflection on Questionnaire! :D

     The Investor Profile Questionnaire was very interesting, however, I don't think it's very accurate. Simply because everyone of a certain age will get the same response. I completed the questionnaire and got the Conservative Investor profile.
     With a lot of the questions, I could only have answered with the first or second option. Just because I don't have a job or a family that I have to support.
     I agree that my primary objective is preservation of capital. Because I don't get a lot of money to begin with, so whatever I earn needs to be saved. I also agree that I can't tolerate fluctuating returns for the simple reason that I would need a lot of money returned to me. Also, I have a "relatively short period of time to allow my investments to recover from any negative years", which I also have to agree with.
     I'm not very comfortable with the concept of risk. I enjoy being able to be sure that my hard work will not be in vain. Honestly, I have no use for risk. But, I'm okay with losing a bit of money. I think that the people who can afford to be risky are the people who earn a lot. Because whatever they lose can be replaced more easily than people who earn less.
     I don't really feel that the questionnaire helped situate what my financial goals should be. I think that right now, it's fairly obvious what my goals should be. I don't have any job or anything so it was obvious to me that I would be a Conservative Investor.
     Completing the survey was weirdly difficult. With some questions, I didn't know how to answer them. Like number three: "How would you classify your family's overall financial situation?" I didn't really know which option to choose for that. Even if it's for me. I just found it a weird question for me to be able to answer. I have no savings and I have no dept. When I get older, maybe I'll have both.
     I found the questionnaire really interesting, but difficult to answer because I don't have any job or family to take care of. For someone in my situation, I think the questionnaire was a bit inappropriate. Just because I don't feel like I was able to answer the questions properly. For someone who has to pay for nothing, the questionnaire is pretty much pointless.


  1. Great blog posting, unfortunate that you found the survey so 'weird'. The purpose was just for you to see the types of questions that are asked. You are correct that at your age and in your financial situation, most students will fall into the same category.

  2. cool blog :)

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  3. Jodie muckler? you're cooler than winters here.

  4. really good blog. I'm observed, and you ? ; P

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