Take this questionnaire and find out if you are diehard/Boglehead when it comes to your personal finance. I have copied this questionnaire from this thread on www.bogleheads.org
My score is 16. I lost one point on question 6 since my portfolio has small cap tilt. But I am comfortable with risks associated with small cap premiums (less volatile than REIT fund in my Roth :-D). And obviously, it meets my sleep test.
ARE YOU A DIEHARD/BOGLEHEAD?
1. In these trying times, do you think it's reasonable to make tactical allocation changes?
(Y=0, N = 1)
2. Is the best strategy to simply to hold a broadly diversified portfolio and stay the course?
(Y=1, N =0)
3. Critics argue that buy and holders are simply sticking their heads in the sand as risk rises in the marketplace. Do you agree?
(Y=0, N=1)
4. Do you manage risk by diversifying among different types of securities - including bonds - and then staying the course?
(Y=1, N =0)
5. Do you rebalance and make necessary adjustments based on our own personal situation -- not on market forecasts?
(Y=1, N =0)
6. Do you overweight your portfolio to take advantage of the so-called value and small-cap premiums?
(Y=0, N=1)
7. Do you hold a broad market index fund and stay the course?
(Y=1, N =0)
8. Do you actively trade ETFs?
(Y=0, N=1)
9. Do you invest in high-cost actively managed funds?
(Y=0, N=1)
10. Do you consider yourself a market timer?
(Y=0, N=1)
11. Do you save regularly?
(Y=1, N =0)
12. Do you avoid mistakes?
(Y=1, N =0)
13. Do you have an asset-allocation plan?
(Y=1, N =0)
14. Do you diversify with broad market index funds?
(Y=1, N =0)
15. Do you keep costs low (including taxes)?
(Y=1, N =0)
16. Do you strive for simplicity?
(Y=1, N =0)
17. Do you stay the course?
(Y=1, N =0)
****************************************************
SCORING:
17 = You ARE John Bogle!
13-16 = Give that man a Bogle Bobblehead! Charter member.
10-12 = Pretty Boglish! Stay the course!
6-9 = You've heard the word, but haven't quite walked the walk.
3-5 = Eek. Good luck with that!
0-2 = Unrepentant market timing stock trader!
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