Securities and Investments

A financial plan consists of:

• A person's current money situation

• Long term goal + strategies to achieve them

• Short term goals + strategies to achieve them

• All of the above

Financial goals are only long term.

• true

• false

Check the boxes for examples of NEEDS

• Food

• Shelter

• Headphones

• Water

Which of these answer choices is NOT an example of a "want"

• Rodeo tickets

• Good hygiene

• Stuffed animals

• Piano lessons

Values CANNOT be wants

• True

• False

Wealth measures the value of all assets owned by a person.

• True

• False

Net worth is:

• What you own minus what you owe

• What you own plus what you owe

• What you owe minus what you own

• None of the above

Assets don't only come in the form of money. They can also be valuables or property.

• True

• False

Liabilities _____ your net worth.

• Add to

• Subtract from

• Do nothing to

You can invest in...

• The stock market

• Land

• Cryptocurrency

• All of the above (and more!)