Risk refers to the probability and magnitude of fluctuations in the value of an investment.
Generally speaking, over the long term, taking more risk equates to higher returns. However, in the short-term, taking more risk means greater potential fluctuations, and potentially losses, in your portfolio value.
To determine your risk profile, OneVest has developed a proprietary algorithm that takes into consideration your individual profile, financial circumstances, investment knowledge, as well as your general attitude towards taking investment risk.
In conjunction with your financial goal and investment time horizon, this helps us understand how much risk you should be taking with your investment portfolio.