Which risk type are you?

Risk Type – What is it and why does it matter to you?

Consider a boat on the sea with its anchor down. The boat moves around on the surface as it gets pushed, pulled and buffeted by the tides, currents, winds, and waves. However the boat can never move too far from its position or state because it is firmly anchored. In this analogy, the anchor represents a person’s risk-type, (their personality in relation to how they act when faced with high risk decisions). The boat represents a person’s attitudes to risk. These attitudes can change depending on transient events and circumstances, and their experiences of these. ….[READ]

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