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Insurance, Investing and Identity Theft Protection

Authored by Steven Flosi

Other

6th - 8th Grade

Used 39+ times

Insurance, Investing and Identity Theft Protection
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10 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

This type of investment is considered a debt instrument.

Stocks
Bonds
Mutual funds
Certificates of deposit

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

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

Stocks
Certificates of deposit
Mutual funds
Money market account

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

savings account
money market account
stocks 
bonds 

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Putting money away for more than five years is called:

saving 
investing 
return on investmnet
rule of 72

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

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

True 
False

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Something that is owned by you is called a liability.

True 
False 

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

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

True
False

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