The quiz was put together by ally. The company did a survey and determined that when it comes to investing, only ten percent of Americans consider themselves a traditional bull or bear. Instead, they more identify with one of ten different animals (emu, prairie dog, mason bee, mule, owl, honey badger, narwhal, flying squirrel, and Sasquatch).
After answering the four questions, I found out that I was one of the 15% of people who consider themselves a shark. The explanation said:
Just like a shark, waiting for the most advantageous time to attack, you’re patient, opportunistic, and in it for the long haul. Stock price fluctuations don’t faze you as you view the market as a marathon, not a sprint. You are willing to invest in stocks outside the norm, if you think it has potential for solid profit margins in the long term.I don't spend much time thinking about or checking on my tiny account, which I guess translates to patient. However, I much prefer my collection of mutual funds to individual stocks. Probably not very opportunistic.
Looks like an interesting quiz!
ReplyDeleteI’m afraid I’m totally awful with finances. My husband takes care of all that.
ReplyDeleteTony takes care of the vast majority of it, but I'm in charge of a small pool. I figure it's not a bad idea to be educated.
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