Straightforward article on indexing out-performing active for mutual funds in the Journal of Financial Planning
Here are some links to risk questionnaires. Unfortunately, they don’t always include instructions on how to score and interpret them, but the nature of the questions might be helpful.
offers a short and simple list of twenty questions. It’s pretty basic, but it can be helpful nonetheless.
Here’s a categorization of different levels of risk tolerance
from a firm selling questionnaires. I’m not endorsing their products, but the list can be helpful.
offers a questionnaire on assessing your own level of risk tolerance.
Here’s a very basic risk tolerance assessment
with a specific recommendation for how much risk you can take.