What’s your investment profile?

How you invest your money is a personal decision, based on many factors. So, before you jump into the market or make changes to your existing portfolio, it can be helpful to work with a Co-operators financial representative. Together, you can determine your investment profile, or risk tolerance, and select the right investments for your situation. And, with that, you’ll have a strategy for staying on track toward achieving your goals.

Here are some questions your financial representative may ask to better understand your needs, goals, and preferences:

1. Why do you want to invest – to buy a home, save for a child’s education, build your nest egg? Maybe it’s a mix of reasons?
2. When will you need access to the money? For example, in less than five years, between five and 10 years, or more than 10 years from now?
3. How comfortable are you with market risk? How well could you endure investment losses alongside potential gains?
4. What is your capacity to take on risk? The stability of your income, the value of your current assets, and outstanding debt should all be considered.

Discussing your financial goals, investing timelines and comfort around market risk will help you, and your financial representative, determine which of the following investment profiles is most appropriate for you.