MoneyWorks4me.com launches Equity game Plan: A Free Risk Assessment tool for investors to find their Risk-return appetite
MoneyWorks4me.com introduces the ‘Equity Game Plan’ – a free tool which helps retail investors get their risk assessment done and gives them a stock investment strategy which conforms to their Risk Profile.
December 12, 2012 (FPRC) -- After a slew of economic reforms, the Indian stock markets are finally bouncing back! And with various financial institutions upgrading their outlook on Indian stocks, the investors are smacking their lips with the idea of making good money from the stock markets. But amidst all the recent positivity, is it advisable for the retail investor to invest in stocks without a plan?
The analysts at MoneyWorks4me.com certainly emphasize on the importance of a having a plan while investing in stocks. Keeping in mind that each investor has his own risk appetite, MoneyWorks4me.com introduces the ‘Equity Game Plan’ – a free tool which helps retail investors get their risk assessment done and gives them a stock investment strategy which conforms to their Risk Profile.
What is Risk Profile?
The risk profile of a person is an inherent characteristic which determines the type of investment options you should invest in. It depends on 2 factors
• Risk Ability – the amount of risk a person can take based on his demographic profile
• Risk Willingness – the natural inclination of an investor to take risk
Why do you need to know your Risk Profile?
In investing, no one size fits all. To borrow an analogy, if you are learning how to swim, you cannot simply dive into the deep end. Conversely, as a pro-swimmer, you do not wish to wade around in the kiddie-pool either. It is your ‘profile’ which helps you know what to do and how to do it.
Similarly in stock investing, if you’re a ‘Conservative’ investor, you want to invest in a few select large-cap stocks which are safe and give decent returns in the long term. As a conservative investor, your risk ability and risk willingness is not sufficiently high to invest in highly volatile small cap stocks. Risk control is important for the conservative investor. But if you’re an aggressive investor you will want to invest in some high risk stocks in your portfolio which will give superior returns alongside some safer stocks.
How Equity Game Plan will help you invest successfully?
The Equity Game Plan is arrived at with a simple questionnaire that reveals both the risk taking ability of the investor and the willingness to take risks.
In summary, Equity Game Plan by MoneyWorks4me.com is a risk assessment tool which:
• Helps you discover your risk profile and gives you an insightful analysis about how averse or comfortable you are with taking risks.
• Gives you the best-suited investment strategy based on your risk profile. (for example whether your strategy of investing should be ‘Conservative’ or ‘Aggressive’)
• Gives you the asset allocation and the equity game plan best suited for you. For example what proportion you should invest in equity and a segregation of your equity portfolio with safe stocks like large-caps or the riskier ones like mid-caps and small-caps.
When asked about the Equity Game Plan, Raymond Moses co-founder of MoneyWorksme.com said, “Equity Game Plan is a risk assessment tool we developed in-house to ensure that investors have an investment strategy which suits them – before they invest in the stock market. With the Equity Game Plan, investors will now know whether to adopt a defensive investment strategy or attacking investment strategy based on their Risk assessment.”
When it comes to investing your money, it is always better to have a plan which conforms to your personality and the risk and returns you expect. Otherwise, your investments can be unrewarding and unsuccessful. So before you enter the stock market, take the Equity Game Plan questionnaire today for a personalized risk analysis and better risk management. When it comes to your money, it is always better to get your risk assessment done by MoneyWorks4me.
Send an email to Rajesh Narang of Moneyworks4me.com