Investing 101

Complete the following quote: The biggest risk of all is _____.

• Investing in stocks

• Investing in bonds

• Not taking one

• taking too many

You should invest at an early age because...

• You don't want to miss out on the benefits

• It's important to take risks

• You need to invest to secure your future

• You have few responsibilities & get compounding benefits

How are savings different from investments?

• Savings are riskier than investments

• Savings are simply put aside, not put into something for returns

• Savings have greater returns

• Savings are the better option when you're just starting out

Which of the following are important when it comes to your finances?

• Pay off your debt

• Avoid risks when possible

• Surround yourself with money-savvy people

• Don't get carried away with investing

An emergency fund is...

• Unreliable

• Money saved for retirement

• Like an insurance policy for your finances

• Not necessary to have when you're young

Generally speaking, its good to budget...

• every week

• every year

• every month

• every 2 weeks

Budgeting is...

• Only recording your income

• Allocating your financial resources

• Only recording your expenses

How are stocks different from bonds?

• Bonds are shares of a company

• Bonds give you higher returns

• Socks are riskier

• Stocks and bonds are the same

What is an investment company that takes money from many investors and pools it together in one large pot?

• A public provident fund

• A bond

• A mutual fund

• A stock

A government offered saving scheme that invests your funds for a specific period & helps you earn returns on the same

• Public Provident Fund

• Mutual Fund

• Bond

• None of the above