Medium and High Risk Investments

When it comes to managing your money and making financial decisions about your savings and investments, what kind of person are you?

Type 1

When it comes to your money, no one is more qualified to manage it than you. You enjoy making financial decisions and doing the research involved. Since it’s your money and your life, you are ultimately responsible for your decisions and are comfortable making them on your own.

Type 2

You are pragmatic when it comes to financial decisions. You want to be involved in making the decisions and doing some research, but you’re happy to get advice from more experienced people. While you know that you are somewhat responsible for you financial destiny, you recognize that sometimes it’s beyond your power to change things.

Type 3

You are either not interested in making financial decisions on your own, or you wouldn’t feel comfortable doing so. You often ask other people’s advice about what to do with your money, and are happy to follow their advice. You have little to no interest researching investment options; you just want to make average or better returns on your money.

Understanding how active a role you want to take in your investments will play an important part in selecting the best type of brokerage to fit your needs. We'll take a look at the different types next.