ASF members and visitors: A financial overview

[waimate01]

Of course. There is an option to send a PM to every registered member that I've never used that I could use to notify everyone.

That's great, Joe. The survey is online and we already have a handful of responses, presumably the participants in this thread. Some broader promotion would be great - thanks.

 

[Julia]

Can you supply a link to our assurance re anonymity and confidentiality?
Your previous Survey Monkey link just goes directly to the survey which - for all anyone knows - could track back to our personal details here.

 

[waimate01]

Can you supply a link to our assurance re anonymity and confidentiality?
Your previous Survey Monkey link just goes directly to the survey which - for all anyone knows - could track back to our personal details here.

Grab your mouse and select this text:
www.surveymonkey.com/s/GTG5RXJ
then copy and paste it into the url input area of your web browser, or if you really want to, type it in character by character.

Because its the same url for everybody, and because Surveymonkey is an independent entity, there's really no way to track the same url back to different people.

 

[CanOz]

I completed it, how long will it run for and when will we see the results?

CanOz

 

[Sharkman]

filled in my responses.

as someone who, at 33, is already completely sick and tired of the rat race and the corporate world, i'm also curious as to how many people rely purely on investing/trading income to live. will it be possible to run filter type queries over the data - for eg. out of the respondents who said that all their income is derived from their own investing/trading and none from traditional employment, how many have 1-2 mil in capital, how many have 2-3, etc.? and what age ranges do they fall in?

or do we only see "this many people have 1-2 mil capital", "this many people derive 25-50% of their overall income from investing/trading activities" etc, without being able to combine multiple fields into a database query criteria?

 

[waimate01]

How long to let it run for? I reckon until new entries start to tail off. Week or two, I would think.

Cross-tabs and filtering? Most certainly - that'll be the interesting bit, I'm hoping. We can look at the overall data, then take slices in different ways.

 

[CanOz]

How long to let it run for? I reckon until new entries start to tail off. Week or two, I would think.

Cross-tabs and filtering? Most certainly - that'll be the interesting bit, I'm hoping. We can look at the overall data, then take slices in different ways.

Can you put the link in your signature?

 

[waimate01]

Can you put the link in your signature?

Good idea

 

[Joe Blow]

Many thanks to all that have responded to me personally by PM to let me know they have completed the survey!

Your participation is very much appreciated.

I thought it would be simpler to respond to you all at once here, rather than send the exact same PM to everyone.

 

[mr. jeff]

where the survey says "how much income do you derive from your investments?"
It has no option to put negatives! a fail on all fronts...

 

[waimate01]

where the survey says "how much income do you derive from your investments?"
It has no option to put negatives! a fail on all fronts...

If it's consistently costing you money, then you don't have an investment portfolio - you have a hobby.

 

[waimate01]

For those wondering what's happening, we currently have 113 responses with more coming in at a reasonably steady pace. I would expect that after the weekend, the flow might decline. But as long as we're getting more data, we may as well let it continue.

 

[boofhead]

I completed it. Any preliminary results you can share?

 

[waimate01]

I completed it. Any preliminary results you can share?

Thanks for your participation, boofhead. We currently have 135 responses. New entries have certainly tailed off, but let's give it another few days. I'm reluctant to do much preliminary analysis, mostly because it may influence subsequent responses and partly because it increases the work on my part.

Speaking of which, I should have read the fine-print before suggesting Surveymonkey - you can do free surveys, but only up to 100 responses. D'oh! So I've had to reach into the dark recesses of my own pocket and upgrade to a paid account for 30 days. C'est la vie.

 

[Gringotts Bank]

Thanks for your participation, boofhead. We currently have 135 responses. New entries have certainly tailed off, but let's give it another few days. I'm reluctant to do much preliminary analysis, mostly because it may influence subsequent responses and partly because it increases the work on my part.

Speaking of which, I should have read the fine-print before suggesting Surveymonkey - you can do free surveys, but only up to 100 responses. D'oh! So I've had to reach into the dark recesses of my own pocket and upgrade to a paid account for 30 days. C'est la vie.

Why do you want to know how much money/assets other people have?

I see your example, but I don't see any possibility to gain from this exercise.

 

[Sharkman]

Why do you want to know how much money/assets other people have?

I see your example, but I don't see any possibility to gain from this exercise.

don't we all? it is only human nature to want to compare oneself to others - some will say you'll do better if you convince yourself to forget about how others are doing and focus on yourself - and they're probably right - but it is only human nature to want to know.

i for one am certainly curious as to how much assets people who rely completely on investing/trading income to live (and live comfortably) have - because as i said at just 33 i'm already sick of working and would like to become one of those people sooner rather than later. i do have a rough target in mind but this survey may provide some information that would help me get a better idea of how realistic it might be.

 

[Julia]

i for one am certainly curious as to how much assets people who rely completely on investing/trading income to live (and live comfortably) have

That would be to assume such people are participating in the survey.

ASF currently has just under 49,000 members. The responses thus far constitute around 0.3% of the membership. I'm not sure what any resulting conclusions will be.

 

[Craton]

Interesting survey IMHO but bugga! I must be a real dumbo as I tried to complete the survey. Kept getting an error in Question 3, percentage of investments question. Error reads: "The choices need to add up to [enter sum here]." Am assuming that 100 is the 'sum' required.

Perhaps percentage needs to be in whole numbers not fractions?

Do not have time now to play with it... maybe later.

 

[CanOz]

Interesting survey IMHO but bugga! I must be a real dumbo as I tried to complete the survey. Kept getting an error in Question 3, percentage of investments question. Error reads: "The choices need to add up to [enter sum here]." Am assuming that 100 is the 'sum' required.

Perhaps percentage needs to be in whole numbers not fractions?

Do not have time now to play with it... maybe later.

its just whole numbers, not fractions or % after the number...

 

[Craton]

TY CanOz, done.