Evaluate Your Risk Profile Using The Risk Quiz From rbcdain.com
It's an investing rule of thumb: the greater return you seek, the greater your exposure to risk. Most of us know that a junk bond is more volatile than a savings bond. And we understand the difference between aggressive and conservative funds.
But in investing, risk comes in many shapes and sizes. Here are a few less obvious risks that some investors overlook.
The risk of playing it too safe
The risk of not planning ahead
No guts, no glory, the adage goes. But before you throw caution to the wind, it makes sense to take a measured look at how much risk you can comfortably stomach. Evaluate your risk profile to understand what kind of investor you are.
Start by taking our Risk Profile Quiz.
By RBC Dain Rauscher Inc., Member NYSE/SIPC