What's Your Stock Market Readiness Score?

Discover whether you're truly ready to start investing in Australian stocks. This quick assessment reveals your knowledge gaps, risk awareness, and preparation level across the critical areas that separate successful investors from those who lose money. Get your personalised readiness score and find out exactly what you need to focus on before making your first trade.

When it comes to investing in stocks, where are you right now?

I haven't opened a brokerage account yet and I'm still deciding which broker to use. I've opened an account with a broker but haven't made my first trade. I've made a few trades but I'm still learning which stocks to pick. I've been investing for a while and I have a diversified portfolio with a clear strategy.

How much do you understand about the key risks of stock investing?

I know stocks can go up and down, but I haven't thought deeply about other risks. I understand market volatility and company-specific risks, but I'm unsure how to manage them. I know about volatility, company risk, inflation risk, and emotional risk. I use diversification to manage them. I have a comprehensive risk management strategy including diversification, asset allocation, and emotional discipline.

What's your approach to building your investment portfolio?

I'm not sure where to start. Should I pick individual stocks or index funds? I know I should diversify, but I haven't created a specific allocation plan yet. I have a basic portfolio structure (mix of index funds, dividend stocks, and growth stocks) but I'm still refining it. I have a detailed written investment plan with specific allocations, rebalancing strategy, and clear financial goals.

How would you handle a sudden 20% market downturn?

I'd probably panic and consider selling to avoid further losses. I'd be nervous but I'm trying to remember that markets recover over time. I'd stay calm and hold my investments, maybe even look for buying opportunities. I'd execute my predetermined strategy, potentially buying undervalued stocks while others panic.