
Saving, Investing, & Risk Management
Other
8th Grade
Used 40+ times

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9 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When it comes to personal savings, what does the acronym PYF stand for?
Prepare Your Future
Pay Your Friends
Pay Yourself First
Prepay Your Finances
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A saver who wants her savings insured by the FDIC wants to use this savings option..
Stocks
Bonds
Mutual funds
Savings account
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This type of investment is essentially an IOU with a set rate of return..
Money market account
Stock
Bond
Certificate of deposit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A long-term investment usually means an investment period of one to three months
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Stocks are insured against loss by most banks and credit unions.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
By automatically reinvesting dividends, you are buying additional shares and increasing your investment.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Interest is the fee received for the use of money.
True
False
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