Planning, Saving, Investing

It is best to buy a Stock when the price is high.

• True
• False

You should start saving for retirement

• When you get married
• When you get your first job
• When you reach age 50
• When you reach age 65

The higher the risk the, _______ the reward

• Higher
• Lower
• There is no relationship between risk and reward
• All of the above

The lower the risk, the ______ the reward

• Higher
• Lower
• There is no relationship between risk and reward
• All of the above

When society is experiencing inflation,

• Prices are higher
• Prices are lower
• Prices stay the same
• All of the above

When the demand for a product increases, the price of the product will:

• Increase
• Decrease
• Stay the same
• There is no relationship between supply and demand

Which of the following investments would carry the most risk?

• Checking account
• Savings account
• Savings bond
• Stock Market

When you diversify your investments it means you

• You put your money in one place
• You give all your money away
• You don’t save any money
• You put your money into many different types of investments

Knowing how much you need to save, Having a plan, and setting goals are the keys to...

• The Stock Market
• Starting your own business
• Financial Security
• Applying for a credit card

Which of the following are ways to save money?

• A savings account
• A money market account
• A CD
• All of these are ways to save money