Take this quiz to find out what kind of investor you are.Walking down the street in Las Vegas, you find a crisp $100 bill on the sidewalk right in front of the Bellagio. Since this isn't an ethics quiz, what do you do?Head directly to the nearest craps table. Buy some souvenirs for friends. Deposit it straight into your vacation fund for next year. If one of your investments dropped 15 percent in three months, what would you do?Nothing. Buy more; after all, if you liked it at a higher price, you have to love it now. Sell it fast. Which of these statements describes your investing knowledge:I'm an expert and have no problem researching investments and, in fact, often expound on the relative merits of fundamental versus technical analysis. I understand some stuff but don't like to get bogged down in details. Investing confuses and scares me with all of the words and complicated theories. How do you feel about the stock market?I love it and trade on margin all the time. It's interesting, I can see the benefit. I don't pay much attention to it but I know it has its ups and downs. I'm intimidated by it and am afraid I'll lose my money. If you won $5,000 in the lottery, what would you do with the money?Buy a savings bond. Invest in some large cap stocks. Put the money into a hot stock. What are your goals for your investments?Just keep the money safe until it's needed, maybe earn a few bucks. Outpace inflation. Get rich. advertisementRelated Links:Higher interest rate may require riskSEC: New rules for money market fundsShould you own these municipal bonds?Related Articles:Estate planning, no taxesBrokerages offer big card rewardsExtreme billionaires
Walking down the street in Las Vegas, you find a crisp $100 bill on the sidewalk right in front of the Bellagio. Since this isn't an ethics quiz, what do you do?
Head directly to the nearest craps table.
Buy some souvenirs for friends.
Deposit it straight into your vacation fund for next year.
If one of your investments dropped 15 percent in three months, what would you do?
Nothing.
Buy more; after all, if you liked it at a higher price, you have to love it now.
Sell it fast.
Which of these statements describes your investing knowledge:
I'm an expert and have no problem researching investments and, in fact, often expound on the relative merits of fundamental versus technical analysis.
I understand some stuff but don't like to get bogged down in details.
Investing confuses and scares me with all of the words and complicated theories.
How do you feel about the stock market?
I love it and trade on margin all the time.
It's interesting, I can see the benefit.
I don't pay much attention to it but I know it has its ups and downs.
I'm intimidated by it and am afraid I'll lose my money.
If you won $5,000 in the lottery, what would you do with the money?
Buy a savings bond.
Invest in some large cap stocks.
Put the money into a hot stock.
What are your goals for your investments?
Just keep the money safe until it's needed, maybe earn a few bucks.
Outpace inflation.
Get rich.
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