Understanding Your Risk Profile
What is a Risk Profile and Why is it Important?
Your risk profile is an assessment of how much risk you are comfortable taking with your investments. Yeeld uses your risk profile to recommend investment options that align with your financial goals and tolerance for risk. Understanding your risk profile is key to making informed decisions and achieving your desired financial outcomes.
-
How Your Risk Profile is Determined:
- During the setup of your investment account, you will answer a series of questions about your financial situation, investment goals, and tolerance for risk. This helps determine whether you are a low, medium, or high-risk investor.
- Your profile may also consider your time horizon (how long you plan to invest), your comfort with market fluctuations, and your financial priorities (e.g., capital growth vs. capital preservation).
-
Adjusting Your Risk Profile:
- You can review and adjust your risk profile at any time by navigating to your investment account settings in the Portfolio section of the app. This allows you to ensure that your investments continue to match your financial goals and risk tolerance.
Understanding your risk profile helps you make better investment choices and ensures your portfolio remains aligned with your financial objectives.