MANILA, Philippines – Let’s talk about taking risks. Do you find them exciting – or do prefer to play it safe?
In the world of investing, the higher the risk, the higher the expected returns. But a high-risk portfolio isn’t for everyone. Returns fluctuate on a short-term basis, and you may lose some money before gaining more of it later on. Some can afford to hold their money for long periods of time for maximum profit. Others don’t mind lower returns, but need their funds to be readily available during emergencies.
Creating a risk profile helps determine your investment style. It breaks down your investment time frame, your financial situation, your needs at your current life stage, and your priorities and goals.
How do you know which investment funds are right for you? You can start by taking this simple quiz. Don't forget to share your result. – Rappler.com