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Determining your investment personality

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Each of us has a unique investment style, which isn’t right or wrong – just different.

Your investment personality is made up of your risk tolerance, your savings objectives and other factors like when you want to use your savings.

Without knowing your investment personality, you could put your savings into funds that are too risky for your level of comfort, or select a fund that’s too conservative to fit your needs.

Once you know what kind of investment style you have, you can be more confident in your investment choices, and create a financial plan that will work for you.

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Next lesson: Your risk tolerance