Dave Ramsey Ch. 8 Investments Pre-Test

Front

Long-term investments, properly diversified, include the following mutual funds: Growth, balanced, international, Bond, Growth, growth and income, international, aggressive growth, International, bond, aggressive growth, growth, Growth, growth and income, bond, aggressive growth

Back

Growth, growth and income, international, aggressive growth

Front

Which of the following is a good investment option? Gold, Mutual Funds, Viaticals, Futures

Back

Mutual Funds

Front

Which statement is true about liquidity? Options: The more liquid an investment, the more return, The less liquid the investment, the less return, The more liquid an investment, the less return, Both A and B

Back

The more liquid an investment, the less return

Front

A reason that people need to save and invest is to:

Back

Enable their money to make money

Front

Savings accounts and money-market accounts are most appropriate for:

Back

Emergency funds and short-term goals

Front

To ensure that some of your retirement savings will not be subject to income tax upon withdrawal, you would contribute to:

Back

A Roth IRA

Front

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.

Back

Formed in 1792, the New York Stock Exchange (NYSE) is the smallest organized stock exchange in the United States.

Front

A savings account sold by an insurance company, designed to provide payments to the holder at specified intervals, usually after retirement.

Back

Annuity

Front

Are money markets great for your emergency fund due to their liquidity and stability?

Back

True

Front

The purpose of war bonds is to finance military operations during war time. The last time the United States issued war bonds was during the Vietnam War. True or False?

Back

False