Saving & Investing

All are benefits of saving, except

• safe, reliable, convenient

• earns a higher return of interest

• earns a small amount of interest

• insured by the FDIC

Saving and investing provide opportunities to increase your wealth, leading to financial security

• True

• False

True or false: Depositing money in a bank is low risk.

• True

• False

When you deposit money in the bank, you will quickly earn a lot of interest!

• True

• False

True or false: Investing in stocks can be high risk.

• True

• False

People should consider saving money for which of the following situations?

• Something special they want to buy

• Emergency situations

• Retirement

• All of the above

When you invest in stocks, mutual funds or bonds, your money is insured.

• True

• False

If you need the money within a year or so, or any type of emergency, you should choose:

• Savings options

• Investing options

If you don't need the money for the next 3+ years and you're okay with some risk involved, you should choose:

• Savings options

• Investment options

I want to put money aside so that I can buy a care. Should I save or invest

• Save

• Invest

• Both