Does Your Investing Personality Lead to Dangerous Investing Extremes?

Find out with a 5-minute quiz.

Take the quiz now!

Here's a little secret: Even well-meaning, smart investors can make costly mistakes.

Do you know why?

It has to do with personalities and emotional extremes.

You might think that investing is all about numbers and analysis, but you'd be underestimating the impact your personality has on how you spend, save, invest, and borrow.

The thing is, everyone is different and everyone is prone to making different mistakes, depending on their personality.

We've created a handy infographic that illustrates some of these extremes and how they can cost you as an investor.

Take a look below.

What can you do to help avoid these investing extremes?

Understanding yourself is the first step toward better investing and avoiding dangerous investing extremes.

  • Do you act on your friends' stock tips?
  • Do you worry about taking risks with your long-term savings?
  • Do you worry about what's in the headlines each day?

Each of these traits helps define your investing personality.

We made a short quiz that identifies some of the most common traits in investing and highlighted areas of potential concern.

Download the What's Your Investing Personality? Quiz

It's just 7 questions and can help you take the first steps toward a stronger financial future.

Richard Archer, CFA, CFP®, MBA
Archer Investment Management
800-840-5946
https://archerim.com

Risk Disclosures: Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Past performance does not guarantee future results. This material is for information purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security. The content is developed from sources believed to be providing accurate information; no warranty, expressed or implied, is made regarding accuracy, adequacy, completeness, legality, reliability or usefulness of any information. Consult your financial professional before making any investment decision. For illustrative use only. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Past performance does not guarantee future results. The S&P 500 is an unmanaged composite index considered to be representative of the U.S. stock market in general. All index returns exclude reinvested dividends and interest. Past performance is no guarantee of future results. Indices are unmanaged and cannot be invested into directly. For illustrative purposes only.