Questions 6 - 10 of the questionairre:
6. How do you feel after making an investment? This is pretty important because it indicates experience. The first time many people make an investment they feel a bit queasy. But with experience they learn that, to paraphrase Annie, "The sun comes up tomorrow." It happens again when the market takes a dive.
7. Job...Do you have a personality that prefers stability (bonds/lower risk) or are you willing to take a chance to achieve a higher reward? Good personality indicator, but a bit hypothetical. Would really be useful if we could observe people confronted with the actual choices. A difficult question, I think, for people to actually answer.
8. Save or not ...Pretty straightforward and useful. Indicator of capacity to take risk.
9. React when experience a loss? Very useful if it can be answered truthfully. In fact, for those involved in the market in 2008, this can be directly answered. Did you sell near the bottom, around March 2009? If so, it is worth analyzing. Maybe you procrastinated. Maybe you have a tolerance for pain. Maybe you have a financial plan, understand that markets rebound and that you had reached a point where it paid to stay the course. Again...worth thinking about.
10. Are you knowledgeable about investments? A key question. If you don't know how markets work, then you are likely to pull out at the wrong time in a declining market. Many did this in 2009. To counter this, you need a very conservative asset allocation.
If you are seeking investment help, look at the video here on my services. If you are seeking a different approach to managing your assets you have landed at the right spot. I am a fee only advisor registered in the State of Maryland, charge less than half the going rate for investment management, and seek to teach individuals how to manage their own assets using low cost indexed exchange traded funds. Please call or email me if interested in further details. My website is at http://www.rwinvestmentstrategies.com. If you are new to investing, take a look at the "DIY Investor Newbie" posts here by typing "newbie" in the search box above to the left. These take you through the basics of what you need to know in getting started on doing your own investing.