'Scudder University' Upgrades Web Site, Adds Risk Tolerance Quiz -- http://working4u.scudder.com.BOSTON--(BUSINESS WIRE)--Feb. 17, 1999--Scudder Kemper Kemper may refer to:
Employees or other beneficiaries who are eligible to receive benefits from a company's employee benefit plan. (http://working4u.scudder.com). The new Risk Tolerance Risk Tolerance The degree of uncertainty that an investor can handle in regards to a negative change in the value of their portfolio. Notes: An investor's risk tolerance varies according to age, income requirements, financial goals, etc. Quiz A quiz is a form of game or mind sport in which the players (as individuals or in teams) attempt to answer questions correctly. Quizzes are also brief assessments used in education and similar fields to measure growth in knowledge, abilities, and/or skills. helps plan participants assess their comfort level with investment risk while also providing sample asset allocation Asset Allocation The process of dividing a portfolio among major asset categories such as bonds, stocks or cash. The purpose of asset allocation is to reduce risk by diversifying the portfolio. models to consider. The eight-question quiz asks hypothetical questions A mixture of assumed or established facts and circumstances, developed in the form of a coherent and specific situation, which is presented to an expert witness at a trial to elicit his or her opinion. concerning an investor's behavior in response to certain situations such as a significant loss or gain in the stock market. Based on the answers and the investor's current age, the quiz then identifies the investor as conservative, moderate or aggressive and offers three pie charts A graphical representation of information in which each unit of data is represented as a pie-shaped piece of a circle. See business graphics. with sample stock, bond and stable value asset allocations corresponding to each type of investor. "No single approach to investing is right for everyone," said William Shaw William Shaw is the name of a number of prominent people.
Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. retirement investing goal, is far less likely to panic when market conditions change." The Risk Tolerance Quiz complements some of the Web's most powerful and versatile retirement planning Retirement financial planning refers to a collection of systems, methods, and processes which, in their aggregate, support a family unit's (client's) desire to achieve a state of financial independence, such that the need to be gainfully employed is optional. calculators already found in Scudder University Web's Go Figure section, which participants can use to map their own unique road to retirement. "Scudder University's enhanced Web site is among the industry's most useful and user-friendly user-friendly - Programmer-hostile. Generally used by hackers in a critical tone, to describe systems that hold the user's hand so obsessively that they make it painful for the more experienced and knowledgeable to get any work done. ," said Mr. Shaw. "By taking this series of interactive quizzes, participants can obtain a clear idea of the amount of money they'll they'll Contraction of they will. they'll will need to live comfortably during retirement." Through the use of "cookies" technology, which carries user input from one calculator calculator or calculating machine, device for performing numerical computations; it may be mechanical, electromechanical, or electronic. The electronic computer is also a calculator but performs other functions as well. to the next, participants can discover how much income they'll need to retire comfortably at a certain age and the amount of savings necessary to achieve that goal. Once they have identified their goal, other calculators help them plan a route to achieving it. For example, one calculator helps participants determine if they can increase their deferral deferral - Waiting for quiet on the Ethernet. rate by demonstrating how much it would affect each paycheck. Another calculator shows the effect of giving up a habit or luxury expense and investing the money instead. There is even an inflation calculator that illustrates inflation risk for participants by estimating the future costs of common items such as a movie ticket and a pair of jeans. In addition to the calculators and educational material on retirement planning, Scudder also permits its retirement plan participants to check their account balances over the Web as well as to engage in account transactions such as moving their assets between investment options. "By helping employees understand the role today's investment decisions play in their financial future, Scudder University's Web site is a key step on the road to a comfortable retirement," said Mr. Shaw. Scudder Kemper Retirement Services, encompassing Scudder Defined Contribution Services, KemStar, and Kemper Retirement Plans, offers defined contribution plan Defined contribution plan A pension plan whose sponsor is responsible only for making specified contributions into the plan on behalf of qualifying participants. Related: Defined benefit plan products that help meet the retirement needs of companies in the small- and mid-sized markets (from start-up Start-up The earliest stage of a new business venture. plans to $250 million in defined contribution assets). It currently manages approximately $13 billion in total retirement assets, serving more than 15,000 plans, and 700,000 participants. Scudder Kemper Investments, Inc., the global investment management business of Zurich Financial Services Zurich Financial Services Group is a major financial services group based in Zurich, Switzerland. Global operations North America The US consumer market is served primarily by Farmers Insurance Group the third largest personal lines property & casualty insurance Group, is one of the largest and most experienced investment management organizations in the world, managing more than $280 billion in assets for institutional and corporate clients, retirement and pension plans, insurance companies, mutual fund investors and individuals. Scudder Kemper Investments offers a full range of investment counsel and asset management capabilities, based on a combination of proprietary research and disciplined, long-term investment strategies. Headquartered in Zurich, Switzerland Switzerland (swĭt`sərlənd), Fr. Suisse, Ger. Schweiz, Ital. Svizzera, officially Swiss Confederation, federal republic (2005 est. pop. 7,489,000), 15,941 sq mi (41,287 sq km), central Europe. , Zurich Financial Services Group is one of the global leaders in the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry, providing its customers with products and solutions in the area of financial protection and asset accumulation. The Group has four core businesses: non-life and life insurance, reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. and asset management. For more complete information on any Scudder Fund, including information relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc management fees and expenses, please visit our Web site at www.scudder.com, or call Scudder Investor Services, Inc., Distributor, at 1-800-225-2470 or write for a fund prospectus. Investors should read it carefully before investing or sending any money. Scudder Kemper Retirement Services Risk Tolerance Quiz For each question, select the letter that corresponds to your answer. -0-
1. Just 60 days after you put money into an investment, its
price falls. Assuming none of the fundamentals have changed,
what would you do?
a. Sell to avoid further worry and try something else.
b. Do nothing and wait for the investment to come back.
c. Buy more. It was a good investment before; now it's a
cheap investment too.
2. Now look at the previous question another way. Your
investment fell 20%, but it's part of a portfolio being used
to meet investment goals with three different time horizons.
2A. What would you do if the goal were five years away?
a. Sell
b. Do nothing
c. Buy more
2B. What would you do if the goal were 15 years away?
a. Sell
b. Do nothing
c. Buy more
2C. What would you do if the goal were 30 years away?
a. Sell
b. Do nothing
c. Buy more
3. The price of an investment earmarked for this particular goal
-- let's say retirement, in this case -- jumps 25% a month
after you buy it. Again, the fundamentals haven't changed.
After you finish gloating, what do you do?
a. Sell it and lock in your gains
b. Stay put and hope for more gain
c. Buy more; it could go higher
4. You're investing for retirement, which is 15 years away.
Which would you rather do?
a. Invest in a money market fund or guaranteed investment
certificate, giving up the possibility of major gains, but
virtually assuring the safety of your principal.
b. Invest in a 50-50 mix of bond funds and stock funds, in
hopes of getting some growth, but also giving yourself some
protection in the form of steady income.
c. Invest in aggressive growth mutual funds whose value will
probably fluctuate significantly during the year, but have
the potential for impressive gains over five or ten years.
5. You just won a big prize! But which one? It's up to you.
a. $2,000 in cash
b. A 50% chance to win $5,000
c. A 20% chance to win $15,000
6. A good investment opportunity just came along. But you have
to borrow money to get in. Would you take out a loan?
a. Definitely not
b. Perhaps
c. Yes
7. Your company is selling stock to its employees. In three
years, management plans to take the company public. Until
then, you won't be able to sell your shares and you will get
no dividends. But your investment could multiply as much as
10 times when the company goes public. How much money would
you invest?
a. None
b. Two month's salary
c. Four month's salary
8. Current Age:
-0- Asset Allocation Each (a) answer is worth one point, each (b) answer is worth two points and each (c) answer is worth three points. Add them up to get your total score. 9 to 14 points: A conservative investor 15 to 21 points: A moderate investor 22 to 27 points: An aggressive investor -0- Getting Started, Ages 21-40 Conservative Moderate Aggressive 70% Stocks 75% Stocks 85% Stocks 20% Bonds, 15% Bonds 10% Bonds, 10% Stable Value 10% Stable Value 5% Stable Value Prime Time Earners, Ages 41-55 Conservative Moderate Aggressive 60% Stocks, 65% Stocks 70% Stocks 30% Bonds 25% Bonds 20% Bonds 10% Stable Value 10% Stable Value 10% Stable Value Soon to Retire, Ages 56-65 Conservative Moderate Aggressive 40% Stocks 50% Stocks 55% Stocks 45% Bonds 35% Bonds 30% Bonds 15% Stable Value 15% Stable Value 15% Stable Value In Retirement, Over 65 Conservative Moderate Aggressive 25% Stocks 30% Stocks 35% Stocks 45% Bonds 40% Bonds 40% Bonds 30% Stable Value 30% Stable Value 25% Stable Value -0- These examples are hypothetical Hypothetical is an adjective, meaning of or pertaining to a hypothesis. See:
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