Test Your Asset Allocation IQ
October 8, 2007 by Pinyo.
I’ve been doing a lot of research on Asset Allocation, and I came across this nifty little quiz.
Take the Right Mix Quiz on Asset Allocation
I scored a 10/10 for knowledge and 7/10 for behavior. This was my feedback:
You have a solid understanding of asset allocation. However, you may be struggling to put the principles into practice. You are not alone; not paying enough attention to asset allocation was cited as the most common investor mistake in our research.
It’s important to identify the factors that have steered you off course and to develop a plan for getting — and staying — on track. Learn more about some of the most common investor mistakes and easy-to-implement solutions. Financial advisors also can be a great resource. Our research found that investors who use advisors are much more likely to have and abide by an asset allocation strategy than those who go it alone.
I thought you might like this.
Darn, the quiz is currently down at the moment. Oh well, maybe later. I’m interested in seeing what it has to say. I’m good at saving and putting my money to good use, but asset allocation is something I can improve on.
ryc: Thanks! I’m glad you liked my site.
That is an interesting little quiz you found. I am kind of scared to try it but here it goes.
@kev - give it another try, it should be working. Please let us know how you did.
@Mike - I’d love to hear how you did.
Yeah, it’s down, and I found out AFTER I answered all the questions!
Will try again later…
I think I need to learn a little more about this area before I take the test or I might end up making an idiot of myself.