Financial Adviser Portfolio Review Quiz

What was the primary goal of the experiment with financial advisers on Fiverr?

• To learn about cryptocurrency investments

• To create a perfect investment portfolio

• To test if more expensive advice is better

• To find the cheapest financial adviser

What was one of the assumptions made by the first adviser about the client's retirement?

• The client would live until 90

• The client would have no retirement savings

• The client would retire at 65

• The client would retire at 55

What was a key criticism of the first adviser's recommendations?

• He did not address the risk of leveraged ETFs

• He recommended too much cryptocurrency

• He suggested selling all stocks

• He focused only on short-term gains

How did the second adviser respond to the request for a portfolio rating?

• She rated it 5 out of 10

• She gave a detailed rating

• She declined to give a rating

• She rated it 10 out of 10

What was the narrator's opinion on the second adviser's use of templates?

• He appreciated the creativity

• He thought they were too generic

• He found them too complex

• He found them very helpful

What was a positive aspect of the third adviser's approach?

• He recommended investing only in cryptocurrency

• He suggested ignoring market trends

• He provided a quick response without questions

• He asked detailed questions to understand the client's needs

What did the third adviser recommend for the brokerage account?

• Keeping all funds in cash

• Investing in high-risk stocks

• Liquidating funds into a money market fund

• Buying more cryptocurrency

What was the third adviser's stance on cryptocurrency allocation?

• Avoid cryptocurrency entirely

• Invest all in cryptocurrency

• No more than 10% of the portfolio

• No more than 50% of the portfolio

How did the narrator feel about the value received from the $20 adviser?

• Surprised by the value for the price

• Unhappy with the recommendations

• Disappointed with the lack of detail

• Impressed by the thoroughness

What was the overall conclusion about the third adviser's service?

• It was thorough and valuable

• It was not worth the money

• It was too expensive for the service

• It lacked personalized advice