
Dave Ramsey - Chapter 12
Quiz
•
Business
•
11th - 12th Grade
•
Practice Problem
•
Medium
Renae Noble
Used 40+ times
FREE Resource
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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is The Fifth Foundation?
Pay cash for your home
Build wealth and give
Save for retirement
Pay cash for college
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A security that represents part ownership of a company is called a(n)________ .
Stock
Bond
Certificate of Deposit
Annuity
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you invest in a mutual fund, you are contributing to a pool of money that will be . . .
Given to hundreds of local charities in your area
Invested in a mix of stocks, bonds and money market accounts
Taxed based on each individual investor's annual salary
Put into a separate savings account for your children to inherit someday
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Diversification reduces your _________by using a mix of investment types in your portfolio.
Income
Retirement funds
Risk
Mutual funds
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_____________is the process of figuring out how much money you'll need in retirement and creating a plan to get there.
Investment banking
Outrageous generosity
Retirement planning
Retirement accounting
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_____________is the cure for ____________.
Investing wisely; estate planning
Love;
the income gaps in our society
Generosity; selfishness
Selfishness; thinking of others first
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Investing your money earns you more money because of _________.
Checking accounts
Mortgage payments
Compound growth
Short-term savings
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