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Mathematics
12th
grade
Dave Ramsey Chapter 8 Investing & Retiring Review
22 questions
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- 1. Multiple ChoiceLong-term investments, properly diversified, include the following mutual funds:Growth, balanced, international, BondGrowth, growth and income, international, aggressive growthInternational, bond, aggressive growth, growthGrowth, growth and income, bond, aggressive growth
- 2. Multiple ChoiceWhich of the following is a good investment option?Goal
GoldMutual FundsViaticalsFutures - 3. Multiple ChoiceWhich statement is true about liquidity?The more liquid an investment, the more returnThe less liquid the investment, the less returnThe more liquid an investment, the less returnBoth A and B
- 4. Multiple ChoiceA reason that people need to save and invest is to:Enable their money to make moneyIncrease the money supplyBe able to get anything they wantHave an opportunity to talk with financial service providers
- 5. Multiple ChoiceSavings accounts and money-market accounts are most appropriate for:Long-term investments like retirementEarning a high rate of returnEmergency funds and short-term goalsSavings accounts and money-market accounts should be avoided since they carry high risk
- 6. Multiple ChoiceMoney markets are great for your emergency fund due to their liquidity and stability.TrueFalse
- 7. Multiple ChoiceSaving and investing have nothing to do with the amount of money you make.TrueFalse
- 8. Multiple Choice
Quality of an asset that permits it to be converted quickly into cash without loss of value; availability of money.
risk
liquidity
- 9. Multiple ChoiceVocab - Securities that represent part ownership or equity in a corporation.stocksbonds
- 10. Multiple Choice
Distribution of a portion of a companyʹs earnings, decided by the board of directors, to a class of its shareholders.
Interest
Dividend
- 11. Multiple Choice
What is investing?
A short-term commitment to meet unexpected shortfalls. Helps meet short-term goals.
A long-term approach to watch your money grow. Helps you meet long-term goals.
- 12. Multiple Choice
When the stock market is doing well, the jargon term is
Bear Market
Duck Market
Buffalo Market
Bull Market
- 13. Multiple ChoiceSavings accounts have _______ interest rates.LowHigh
- 14. Multiple ChoiceWhich of the following statements best explains the purpose behind diversifying your portfolio.All's well that ends wellDon't put all your eggs in one basketEverything in moderation.Just do it.
- 15. Multiple ChoiceWhat is a stock?A loan an investor makes to a company or government that pays interest over time.A share of ownership in a companyA collection of investments sold as a package.An option to purchase something in the future at todays price.
- 16. Multiple Choice
Buying little pieces of a whole lot of different companies
Stocks
Bonds
Mutual funds
T-bills
- 17. Multiple ChoiceWhat is inflation?The general rise in pricesThe uncertainty the return on an investment will deviate from what is expectedThe number of times something happens to moneyThe projected value of an ivestment at the end of a specified time frame
- 18. Multiple ChoiceEarnings on stocks are calledblue chip stocksover the counter stocksgrowth stocksdividends
- 19. Multiple Choice
You can start investing with a small amount of money.
True
False
- 20. Multiple Choice
Single stocks and mutual funds carry the same amount of risk.
True
False
- 21. Multiple Choice
Which of the following statements about the stock market is false?
The terms bull market and bear market describe upward and downward market trends.
The stock market is a generic term that encompasses the trading of securities.
The Dow Jones Industrial Average is one measure of the stock market.
Formed in 1792, the New York Stock Exchange (NYSE) is the smallest organized stock exchange in the United States
- 22. Multiple Choice
Which retirement investment isn't taxed upon withdrawl?
401k
annuity
Roth IRA
traditional IRA
- Answer choicesTagsAnswer choicesTags