Flashcards in Quiz Deck (78)
Loading flashcards...
1
What, at a minimum, is the #1 goal of retirement investments?
Outpace inflation
2
What does SEC stand for?
Securities Exchange Commission
3
Which of the following is true about the stock market?
It's volatile
4
Which of the following most Mutual Fund likely has the highest risk:
Aggressive Growth
5
One advantage to a mutual fund is that it gives you automatic
Diversification
6
Which of the following would normally pay a dividend?
Income fund
7
Which of the following is not a US Stock Exchange
NIKKEI
8
Which of the following is not normally taken out of a paycheck?
YAPE
9
What is the S &P 500?
Tracks top 500 companies
10
What is the Dow Jones Industrial Average (DOW)?
Top 30 companies (largest companies)
11
True or False : JP Morgan Chase loves Bitcoins and wants to promote Bitcoins
False
12
True or False : JP Morgan Chase loves Blockchain technology and wants to use it
True
13
According to our class project on investing, a company who has a Market Cap of 1B would be which of the following:
Small Cap
14
According to our class project on investing, which of the following would be considered a Mid-Cap stock:
A stock with 8B capitalization
15
Not an employer plan and contributions are tax deductible
Traditional IRA
16
Not an employer plan and contributions are not tax deductible
Roth IRA
17
An employer plan where contributions are taken pre-tax
401 (k) plans
18
The "Rule of 7's" states that at an investment at 7% interest over 7 years will do what?
Double
19
What is a dividend?
Money given back to stockholders from the profits
20
Do you pay a commission on stock when you buy and sell?
Yes
21
Which of the following is not a Financial Intermediary
Uncle Joe
22
True or False : Certificate of Deposits (CD's) are FDIC Insured?
True
23
True or False : The main "trick" to stocks is to Buy High and Sell Low
False
24
Bitcoin is a type of crypto
Currency
25
The technology that makes Bitcoin secure is called Block
Chain
26
Excluding IPO's, when you buy stock, you're buying it from?
Another individual
27
What is an IPO
Initial Public Offering
28
Given an example of diversification
Instead of putting $500 into one area, place $100 in five or $200 in two and $100 in one, that way, you can diversify ones portfolio
29
Do mutual funds give automatic diversification?
Yes
30
