Fear overcomes rationality. It’s a nearly hard-wired human flaw that gets many investors in trouble, making reactionary money moves in lockstep with the herd. With the amount of information available at our fingertips, it’s more challenging than ever to cut through the noise and identify what data is actionable, and what data is simply obscuring reality.
However, realizing the problem is half the battle. The other half is being keyed-in to what matters so that you can put you and your money in the most advantageous position possible. Calling upon information from Stephen Blumenthal’s book, On My Radar: Navigating Stock Market Cycles, the following quiz is designed to call attention to market movers that matter, provide context to the current market cycle landscape, help investors understand the counterintuitive principles that some of the greatest minds in finance abide by, and clarify the kind of thinking that leads to a savvy investment strategy.
Let’s get started!
Complete the following sentences with the answers that most closely reflect your current situation. Approach all 12 questions with honesty, and remember, there are no wrong answers.