This App is all about you! If you own stock, mutual funds, have an IRA, 401k, or 403b, you are faced with a series of seemingly unanswerable questions about the risk you are taking with your money: what is my emotional capacity for risk? Is my portfolio structured with too much or too little risk? How will I know what risk level is right for me? Won't my risk tolerance change over time and with events? How will I know to make adjustments to my portfolio? Is my description of risk clearly understood by me and my advisors.
Mind Your Own Beta will provide a real number (Beta) which can be compared to your current investments or help you in selecting your investments, such as which 401k fund is appropriate for you. Virtually all investments have a Beta, so you can match your Beta with the one that is closest to yours.
Your results are stored and may be reviewed or sent via email to you or your advisor.You can use the App for two people with an unlimited number of different analysis scenarios. Advisors can use the App and delete clients when they are done to make room for a new client. A Gold version especially for advisors and brokers will be out shortly with addtional features and the ability to store all their clients.
Be sure to fully read the disclaimer before doing an analysis.
Mind Your Own Beta was developed from a concept by a Senior Portfolio Manager at a Global Financial Services Firm with 40 years of Financial industry experience.