|
|
|
|
|
|
|
the placement of money, he or she almost certainly is not this personality type. |
|
|
|
|
|
|
|
|
Obsessives get a certain satisfaction in tracking their investments and following the stock market. Even if they are not frequent traders, they may become compulsive checkers of their online portfolios, especially if they spend a lot of time on the computer. |
|
|
|
|
|
|
|
|
They tend to be rather conservative in their investment style. They began thinking and saving for retirement long before their friends, who are not so concerned about the future. But they aren't afraid to take thought-out, reasonable risks and will routinely perform the due diligence required to feel fully informed before putting their money on the line. |
|
|
|
|
|
|
|
|
They are comfortable with mutual funds that are balanced, not too heavily oriented toward aggressive-growth stocks. They tend to pay attention to asset allocation models that tell them not to place too much weight on any one risk category. |
|
|
|
|
|
|
|
|
For example, they appreciate the concept of including ''boring" bonds in their portfolios and are not past considering CDs that pay little interest but let them sleep at night. They think of their home as a secure, appreciating investment that diversifies their portfolio of stock holdings. |
|
|
|
|
|
|
|
|
Anything too volatile, like high-flying Internet stocks, sends chills down their spines. They think people who go after them will ultimately get skinned. But that doesn't stop them from reading about the companies and wanting some of the fast money that comes with the big moves when they are hot. |
|
|
|
|
|
|
|
|
If they designate a small portion of their investment capital for high-risk plays, they may even take a chance and buy some of the latest "dot com" that has hit the market. But then they watch it like a hawk and may very well exit it prematurely when they can't handle the volatility. Options trading is too risky for them, unless they research them thoroughly and then dabble very sparingly. They believe it is best to leave options to the professionals. |
|
|
|
|
|
|
|
|
Because they tend to be conservative and methodical in their investing style, they will not be tempted to overtrade online. Nor are they comfortable trading on margin (money loaned by the brokerage that allows you to gain leverage, buying more stock than you otherwise could). |
|
|
|
|
|