Insurance, Investing and Identity Theft Protection

This type of investment is considered a debt instrument.

• Stocks
• Bonds
• Mutual funds
• Certificates of deposit

A type of savings account where you leave money alone for a period of time.

• Stocks
• Certificates of deposit
• Mutual funds
• Money market account

Which of the following is the best place to keep your emergency fund?

• savings account
• money market account
• stocks 
• bonds 

Putting money away for more than five years is called:

• saving 
• investing 
• return on investmnet
• rule of 72

Diversification is keeping your money in one investment to minimize your risk.

• True 
• False

Something that is owned by you is called a liability.

• True 
• False 

Net worth is calculated by taking ones liabilities (things owed) minus ones assets(things owned):

• True
• False

Which of the following types of insurances would cover the costs associated with the theft of belongings from your home?

• Homeowners
• Fire
• Auto
• Health

Which of the following types of insurance would cover the cost associated with a car accident?

• Auto
• Liability
• Health
• Wreck Prevention

This type of investment involves a pool of money collected from a group of investors 

• Mutual funds
• Stocks
• Bonds
• Investing