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This is a multiple choice questionnaire. Please select the answer that most closely matches your beliefs on each question.
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1. The goal of managing your money is to:
spend some, save some for the future keep opportunities high and negative consequences low hire a broker to handle your finances take no chance on risky investments
2. Which is the safest investment?
low-risk stocks U.S. Treasury bonds savings account money market checking account
3. Which of the following provides the highest overall return?
real estate quality stocks with rising dividends certificate of deposit 401K account
4. Which best describes the stock market to you?
high risk / potential loss it takes money to make money you can make money if you know what's most important it's only for the rich
5. Why might the public shy away from the stock market?
because the market is short-term unpredictable negative headlines, media horror stories fear of losing money all the above
6. Roughly how much money do you generally need to start investing in stocks?
$50 $500 $5,000 $50,000
7. What is a common stock?
company benefit for employees company stock most commonly purchased stock certificate representing partial ownership of a company a stock most popular on the Dow-Jones list
8. What is the Dow-Jones?
Dow means capable or able to make money Mr. Dow and Mr. Jones were founders of the Industrial Average the cash dividends of stock none of the above
9. The best way to track stock investments is to:
read daily stock-market reports subscribe to several financial magazines buy the finest companies and watch them grow listen to the news and financial-talk shows
10. What does investing mean?
to commit for a long period with thought of future benefit buy low-priced stock to produce a quick buck try to make the most money in the least amount of time stay on a budget and don't spend more than you make
11. Why should anyone invest?
for a comfortable retirement for a child's future education to accomplish financial dreams all the above
12. The best investment to stay ahead of inflation is:
a stock portfolio money-market account CDs silver or gold
13. What is compound interest?
interest paid from your savings account interest paid annually instead of monthly an above-average interest rate paid quarterly reinvested interest paid systematically
14. If you begin an IRA an 10% compound annual interest and contribute $2000 a year, how much will you have after 40 years based on history?
$80,000 $80,800 $126,000 $1 million plus
15. When it comes to investing your money:
you should seek a financial adviser consult with a trustworthy stock broker learn all you can and manage your own money wisely hide it under the mattress
16. How would you describe a high-risk stock?
high probability of losing money stock in a new hot company one you take a chance on its doing well it's on the verge of bankruptcy
17. How are stocks quoted?
according to company profits the NYSE decides on a fair price the economy and rate of inflation dictate price in decimal points
18. If a stock is purchased today at a "fair" price, do you think you'll have a profit in five years?
not sure depends on economy will stay about the same most likely will make a profit
19. What are some of the "do nots" of investing?
do not be fearful, impatient or greedy do not buy diversified stocks do not ever lend money to someone without interest do not buy high quality-stocks as they are over-priced
20. The most efficient way to invest is?
spread your money across several different markets invest in a program that is simple, uncomplicated, fun and profitable open a portfolio with a broker you were referred to put your money in a high-interest CD
21. What is a blue-chip stock?
stock that's in the hot-tip section of The Wall Street Journal high-risk stock which should be avoided stock with a history of doing well common stock being most purchased within the last 24 hours
22. What are three good reasons to sell your stock?
stocks are high, great profits, shares about to split economy is bad, threat of inflation, threat of market collapse for a tax write-off, to upgrade your portfolio, you need emergency cash purchase a home, a vacation, a new car
23. What's the best way to find a full-service broker?
make inquiries of successful investor friends visit several brokers, tell them what you want and expect make sure you know their track records and feel at ease all the above
24. Which of the following is most accurate?
the value of a company changes from day to day within the market daily fluctuations in stock prices do not affect the long-term value of a good company if you buy more stock in a company, the value increases revenue, earnings and dividends of a company do not affect value
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