Life Skills

9th -

12thgrade

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Investing

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20 questions

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  • 1. Multiple Choice
    30 seconds
    1 pt
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    A key difference between saving and investing is

    Saving is for everyone, investing is for the wealthy

    Your money is insured when investing, it is not in savings

    Investing has a guaranteed return, savings does not

    Saving is for emergencies & goals, investing is for long-term wealth

  • 2. Multiple Choice
    30 seconds
    1 pt
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    Why is compound interest more beneficial than simple interest?

    Your money grows faster when it is compounded

    Your taxed on simple interest, but not compound interest

    Fees for compound interest are greater than simple interest

    Compound interest is hard to calculate, so fewer use it

  • 3. Multiple Choice
    30 seconds
    1 pt
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    Which would be considered the highest risk investment type?

    Stock

    Mutual Fund

    Bond

    Money Market Account

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