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Where Should I Invest My Money?

Where Should I Invest My Money?

Do you have money to invest but don't know where to invest your money in? We can help. Simply take this quiz and we'll tell you the best place for you to invest.

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Banks offer a variety of terms for their deposit accounts, ranging from 3 months to 5 years. The longer the term of investment, the higher the yield will be.
Banks offer a variety of terms for their deposit accounts, ranging from 3 months to 5 years. The longer the term of investment, the higher the yield will be.
With these companies, you’re able to loan money to individuals in small increments as if you were the bank. The best part is, you get to earn a pretty decent rate of return – usually upward of 6%.
Real estate is the easiest to understand investment because it is simple, straight-forward and involves a fair exchange between a property owner (the landlord) and the property user (the renter).
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Quiz Questions And Answers

How much of a risk taker are you?

Call me an adrenaline junkie.
Risk can be fun, but I'm not mad.
It depends what's at stake.
I tend to err on the side of caution.

Do you agree that an investment should generate a steady income?

I want a steady return with minimal risk.
I'm ok with lower returns if it's less risky
I'm willing to take risks for a higher return.
I don't mind the income.

Are you careless with your money?

Yes
No

How do you like to do your banking?

Online. I'm too busy to go to a bank.
In person. I like to visit my local branch.
Both online and in person
I don't trust banks. I keep my money under my mattress.

Do you spend your money wisely?

Yes
Sometimes
No

Do you agree that banks are the safest place to keep your money?

Banks are totally safe and trustworthy.
I don't like to have all my eggs in one basket
Tangible assets are much safer.
I keep my money under my mattresss.

When you borrow money, do you pay it back?

Yes
No

Currently, what do you value most in your life?

Time
Family
Money
Health
Love

Do you have some money saved for emergencies?

Yes
No

When it comes to budgeting your money, what do you do?

I take a lot of time figuring out how to have more money to spend and save
I take pride in following my budget closely
I don't have a budget. I hope my money will take care of itself

Do you have trouble following instructions?

Yes
Sometimes
No

Do you save?

I really enjoy saving, and often think about how I could save more.
I have trouble saving money, which bothers me sometimes.
If I had enough money to save, I'd give it away instead.
I know I ought to be saving money, but I never seem to get around to it

Do/would you lend money out?

I don't mind lending money at a good interest rate, if I get repaid on time.
I try never to lend money
I'm pretty generous and don't worry too much about getting it back.
I don't have any extra money to lend out

What is your level of investing expertise?

Novice
Beginner
Intermediate
Expert

How long are you willing to wait before you cash in your investments?

One year or less
One to three years
Three to five years
Over five years
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