Risk Number
MYRA offers 5 portfolios, with varying risk profiles, from VERY LOW to VERY HIGH.
Based on your risk questionnaire responses, our algorithm has recommended a risk profile (VERY LOW, LOW, MEDIUM, HIGH, VERY HIGH) for you.
However, you may decide to update your risk profile, utilizing the risk number method below:
- VERY HIGH = 85+ risk number
- HIGH = 70 to 85 risk number
- MEDIUM = 55 to 70 risk number
- LOW = 40 to 55 risk number
- VERY LOW = 0 to 40 risk number
To calculate your risk number, click here.
How often should you change you risk-reward expectation? Not often.
Pick a portfolio that you can stick with for your investment time horizon.