To prepare for this week’s Discussion, take a brief online quiz that assesses your personal tolerance of risk for investments. After taking the quiz, consider how your personal tolerance for risk may influence your ability to make financial decisions at the workplace. Then, consider the methods you use to prevent any personal biases you may have about risk from influencing your thoughts, planning, and decisions for budget construction and project investment in your professional career.
Click on the following link to take the Investment Risk Tolerance Quiz http://njaes.rutgers.edu/money/riskquiz/
Describe the results of the risk tolerance quiz.
Explain whether you agree or disagree with the results of the quiz and why.
Then explain strategies you might employ to prevent any personal bias toward risk from influencing your thoughts, planning, and decisions for budget construction and project investment.
Be sure to provide examples to support your rationale.
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