EverFi Marketplaces Module 5: Investment Game Review

What is a brokerage account?

• An online account used to pay expenses.

• A deposit account at a financial institution that allows withdrawals and deposits.

• An interest-paying deposit account at a financial institution that provides a modest interest rate.

• An account used to buy investments like stocks, bonds, and mutual funds.

A _________ account is an account you use to buy investments like stocks, bonds, and mutual funds.

• full-service

• checking

• brokerage

• savings

What kind of account would you need to open if you wanted to buy investments like stocks, bonds, and mutual funds?

• A checking account

• A savings account

• A brokerage account

• A margin account

Investors with a ______ risk tolerance may have a long time horizon and are usually looking to maximize their returns in the stock market.

• High

• Medium

• Low

• Flat

Investors with a ______ risk tolerance may have a an intermediate time horizon and are usually looking for a mix of safety and growth in their investment portfolio.

• High

• Medium

• Low

• Flat

Investors with a ______ risk tolerance may have a short time horizon and are usually looking to maintain the value of their investments with minimal growth.

• High

• Medium

• Low

• Flat

Which of the following is NOT an example of investing in yourself?

• Signing up for an online class.

• Attending an after-school club in a subject that interests you.

• Investing your money in the stock market.

• Reading books about topics you want to learn more about.

What does it mean to “invest in yourself”?

• Investing in yourself means putting time and money toward your own personal growth.

• Investing in yourself means taking the time to establish your financial goals.

• Investing in yourself means taking the time to plan out your investment strategy.

• Investing in yourself means putting a portion of all the money you earn into a savings account.

Which of the following is an example of investing in yourself?

• Taking the time to learn how to create a budget.

• Investing your money in the stock market.

• Planning out your financial goals.

• Signing up for an online class.

If the stock market goes down during a recession, you should sell all of your investments to minimize your losses.

• True

• False