Canadians are willing to take on greater risk for potential investment gains.
The Risk-Taking Attitudes of Canadians
The willingness to take on risk is a complex and multifaceted issue, influenced by various factors such as age, income, and financial goals.
45% of respondents also stated that they are willing to take on more risk to achieve their financial goals faster.
The Psychology of Risk-Taking
Risk-taking is a complex and multifaceted phenomenon that is influenced by a variety of psychological factors. While some people may view risk-taking as a purely rational decision, others may see it as an emotional and intuitive process. Research has shown that people’s perceptions of risk can be influenced by a range of factors, including their personality, values, and past experiences.
34% of respondents said they saw less opportunity for returns during a second Trump presidency. 21% said they saw no difference. 14% said they saw more opportunity for returns during a second Biden presidency. 12% said they saw less opportunity for returns during a second Biden presidency. 11% said they saw no difference. 5% said they saw more opportunity for returns during a survey of the 2020 US presidential election. 5% said they saw less opportunity for returns during a survey of the 2020 US presidential election. 4% said they saw no difference.
For comparison purposes, a probability sample of this size would carry a margin of error of plus or minus 3.1 percentage points, 19 times out of 20.
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