Investor Quiz

1. Have you discovered your True Purpose for Money, that which is more important than money itself? Yes or No

2. Are you invested in the Market? Yes or No

3. Do you know how markets work? Yes or No

4. Have you defined your Investment Philosophy? Yes or No

5. Have you identified your personal risk tolerance? Yes or No

6. Do you know how to measure diversification in your portfolio? Yes or No

7. Do you consistently and predictably achieve market returns? Yes or No

8. Have you measured the total amount of commissions and cost in your portfolio? Yes or No

9. Do you know where you fall on the Markowitz Efficient Frontier? Yes or No

10. When it comes to building your investment portfolio, do you know exactly what you are doing and why? Yes or No

11. Are you working with a financial coach, versus a financial planner? Yes or No

12. Do you have a customized lifelong game plan to guide all of your investing and spending decisions? Yes or No

13. Do you have an Investment Policy Statement? Yes or No

14. Have you devised a clear-cut method for measuring the success or failure of your portfolio? Yes or No

15. Do you fully understand the implications and applications of diversification in your portfolio? Yes or No

16. Do you have a system to measure portfolio volatility? Yes or No

17. Are you aware of the incentives brokerage firms and the financial community have when selling commission-based products? Yes or No

18. Do you know the three warning signs that you are gambling and speculation with you money, versus prudently investing? Yes or No

19. Can you identify the cultural messages and personal mindsets about money that destroy your peace of mind? Yes or No

20. Are you ready to shift your personal experience of money and investing from a scarcity mode, to an abundance mode? Yes or No

When you have achieved the ability to answer Yes to all of these questions, you will have mastered and obtained a high level of peace of mind.