What is your Risk Profile?

All investments have a risk and return payoff and we all have different comfort levels for how much risk we are willing to accept.

 

Determining what your risk profile is means we can better make investment choices and recommendations that will suit.

People have differing risk profiles which are relevant to their current financial situation, their age or life stage, their goals and objectives and their financial experience and knowledge.

For example, some people find it easy to ignore movements in the markets and focus on their long-term goals, however others become anxious when their investments decrease in value, even if by a small amount.

We therefore need to understand your willingness to take on risk so we can provide you with advice that is appropriate to your individual circumstances.

What suits someone else will certainly not necessarily suit you.

In the next section we will ask you a series of 8 questions that will determine your ‘risk profile’.

The answers to these questions will indicate your risk profile on which we will base any recommendations we make.

 

This part of the overall advice process is really important, so if you have any questions at all, please contact us to discuss.

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Our Financial Services Guide (FSG) can be accessed here

The Next Step Financial Group Pty Ltd ABN 50 163 965 946 is an Authorised Representative of Count Financial Limited ABN 19 001 974 625 AFSL No. 227232 which is 85% owned by CountPlus Limited ABN 111 26 990 832 (CountPlus) of Level 8, 1 Chifley Square, Sydney 2000 NSW and 15% owned by Count Member Firm Pty Ltd ACN 633 983 490 of Level 8, 1 Chifley Square, Sydney 2000 NSW. CountPlus is listed on the Australian Stock Exchange. Count Member Firm Pty Ltd is owned by Count Member Firm DT Pty Ltd ACN 633 956 073 which holds the assets under a discretionary trust for certain beneficiaries including potentially some corporate authorised representatives of Count Financial Ltd. The information on this web page is not advice and is intended to provide general information only. It does not account of your individual needs, objectives, or personal circumstances.