What's your Financial IQ?

STOP IT!!! You’re a bad man. Go to the naughty step.

If it were gambling brokers would kick your rear side if you were making money. I don’t see any method arround nor fundamental neither technical that beats roullette, maybe in black jack but even if cards counting is legal the casinos will make you dig your own grave for it.

Regards.

I’m not sure the only thing that differentiates gambling from investment is that the proprietor will kick your ass if you win at gambling :slight_smile: That said it is an OLD debate! Anyone get invited back for the bit where you had to say whether you would take a particular gamble?

This test is somewhat of a joke.

It quizes you based on how much of a chronic gambler you are vs your risk management and totally throws it backwards.

I scored an 83 which says its average and its confusing on the break downs because it contradicts it self, It says I’m a Safe and wary investor and that my rational risk taking scored a whoopin 97.2 / 100 but I am not able to see the risk? Risk Aversion gain 50% only? and Risk Aversion loss is only at a 42%?

It says my loss premium is 4 therefore I only take a risk if I have 4x the payout which is true however it says I’m not willing to jump in to take “Sensible risk” define sensible -2?

Pardon my ignorance for wanting to stack the odds in my favor and only take bets that give me more than a 1:1 return because in the long run a minor loss is nothing in comparison to a major gain.

I’d much rather be exchanging that coin between us 1:1 and have the odd time where you have to give me 2 or even 3 coins for every 1 I put up on the table.