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Are You Saving Enough?
PARENTING
Are You Saving Enough?
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7) At what stage in your investment life are you?
Under 16
16-17; but want to save for college
18-20; I want to minimize student loan debt
21-24; Out of college and ready to make a killing
25-34; I'm in my prime
35-44; I need to put my kids through college
45-54; I hope I have enough for retirement
55+; Time to go fly-fishing and spend my savings
8) Most investment strategies involve a bit of risk; some more than others. How much risk are you comfortable with?
None. I can't afford to lose a cent.
A very small amount. I would bail out right away if my investments were failing.
A medium amount. I need a balance between risk and reward.
High risk. Anything risky is worthwhile.
9) You've just won the lottery. What's the first thing you do?
Go to Disneyworld
Stash some of it away for a rainy day
Buy a home next-door to Oprah
Call a financial advisor
10) Which financial goal is most important to you?
A financially secure retirement
Building or buying my dream home
Sending my kids to college
Travel the world
11) What is your highest level of education?
None
High School Diploma / GED Equivalent
Some College
Associate's Degree
Bachelor's Degree
Master's Degree
Ph. D
12) What does it mean to be an aggressive investor?
Contribute monthly to a mutual fund or retirement account
Buy antique sports cars
Seek out fast-growing industries and buy stock in them
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