Risk Questionnaire - MacCourt Financial Planning

Please enter your full name *

How would you rate your own attitude to risk on a scale from 1-10? (10 Being highest risk) *

A. How do you think your best friend would describe you? *

1. Very Risk Averse

2. Willing to take modest risks but only after careful research and consideration

3. Willing to take modest risks after some thought

4. Willing to take substantial risks after careful research and consideration

5. Willing to take substantial risks after taking professional advice

6. Someone who embraces risk, perhaps without sufficient consideration

B. How would you describe your understanding of pensions and investments? *

1. Little or none

2. Moderate

3. Good

4. Advanced

C. Which of these statements most accurately represents your view? *

1. I prefer zero risk on my investments, understanding that funds invested in capital secured products will likely have less purchasing power in future

2. It is better to take modest risk and hope for returns which keep pace with inflation

3. It is worth putting up with significant fluctuations in value in the pursuit of higher returns

4. The pursuit of growth should over-ride concerns about fluctuations in value and even the risk of a significant loss of capital

D. “I believe that the best long-term returns come from more aggressive strategies and am willing to tolerate pronounced and sometimes prolonged falls in value along the way”: *

1. Disagree

2. No opinion

3. Agree

E. Have you ever made an investment of a size which mattered to you and which showed a significant loss in value, even on a temporary basis? If so, did it: *

1. Cause you significant stress?

2. Bother you, but not to the degree of significant stress?

3. Not bother you – these things happen

4. Never made such an investment

F. A stockmarket crash wipes 20% off your investment in a month. Would you be most likely to? *

1. Switch it all into a safer fund(s) to protect from further falls

2. Switch half of it into a safer fund(s)

3. Do nothing

4. Switch into more aggressive fund(s) to exploit the fall in markets

G. Have you ever? (tick all the options which apply) *

1. Acquired shares through a de-mutualisation (e.g. Canada Life, Standard Life)?

2. Acquired shares as part of an employee share scheme?

3. Bought shares in a public issue (e.g. eircom, Aer Lingus)?

4. Bought shares of your own choice or on advice?

5. Owned unit-linked (insurance company) funds or unit trusts?

6. Dealt in derivatives (e.g. CFDs) or engaged in financial spread-betting?

7. Owned investment property (i.e. excluding your principal residence), or invested in a geared property syndicate or similar vehicle?

8. None of the above

H. You start a new job in which there is a pension scheme which you must join; the booklet outlines a range of fund choices. Would you be? *

1. Quite comfortable selecting one or more funds?

2. Not comfortable but make a quick decision (don't understand too well/not very interested)

3. Make the best decision you could, having researched the options

4. Not make a selection and go with the 'Default' option

5. Seek and follow advice from a friend or colleague

I. You have just finished saving for a once-in-a lifetime holiday. Six weeks before you are due to go you lose your job. Would you? *

1. Cancel the holiday

2. Change to a more modest holiday

3. Go as planned

4. Extend your planned holiday since time is no longer a problem

J. You have a good friend who has developed a new software application which she is trying to commercialise. She estimates that there is a 15% chance of succeeding in which case investors will be paid out at least 20 times what they put in. If unsuccessful, investments will be worthless. Would you be willing to invest? *

K. You are a contestant on a TV quiz show and have just answered the €50,000 question. The next question can win you €100,000 but you are unsure of the answer - you are certain that it is not A or B but don't know as between C and D. What would you do? *

1. Not answer and take the €50,000

2. Eliminate one incorrect answer, leaving you a choice of three: if wrong you go home with €25,000; if correct you collect €75,000

3. Guess the answer: if correct you win €100,000, but if wrong you go home empty-handed

L. You are due to go on an early morning international flight and the recommended check-in time is 90 minutes before flying. Which of these scenarios best describes you? *

1. Pack two days earlier, setting a second alarm clock for a time which will get you there at least 2 hours beforehand (allowing for traffic delays)

2. Pack the night before, setting two alarm clocks for a time to arrive at or before the 90 minutes

3. Finish packing just before leaving, but in time to get there ‘in or about’ the 90 minutes

4. Take the view that 90 minutes really means 60

M. You are renewing your household insurance, and face a choice of lower premiums/higher exesses as shown. Which do you choose? *

1. Premium €700, with excess of €250

2. Premium €600, with excess of €1000

3. Premium €400, with excess of €2500

N. The chart below shows the minimum and maximum returns that may be achieved by four different portfolios over a one-year period. Which would you choose? *

1. Portfolio A

2. Portfolio B

3. Portfolio C

4. Portfolio D

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