Build, Invest - Quiz 1

What is our definition an asset? Choose the best available option

• Something with value / Algo con valor

• Something with value that can increase and decrease in value / Algo con valor que puede aumentar o disminuir en valor

• Something that we think will increase in value in the future / Algo que pensamos que aumentará en valor

Is this an asset?

• Yes

• No

Is this an asset?

• Yes

• No

Is this an asset?

• Yes

• No

What is the difference between a current and aspirational asset?

¿Cuál es la diferencia entre un activo actual y aspiracional?

• Current - Have now

  Aspirational - Don't want

• Current - Don't have

  Aspirational - Want

• Current - Have now

  Aspirational - Want

Janessa is a high school student planning on attending a four year university. She is excited to invest in her education and career path of choice. A college education is an:

• Current asset

• Dream

• Desirable outcome

• aspirational asset

Investing represents expending a _________ in an asset with the expectation of the asset ____________ in value.

• resource, decreasing

• resource, increasing

• resource, staying the same

Is an example of investing in day to day life (select all that apply):

• Taking a computer science class on the weekends

• Exercising regularly

• Attending school daily

Is an example of investing financially (select all that apply):

• Purchasing Stocks (Large Companies)

• Lending to Small Businessess

• Purchasing Real Estate

• Depositing Money in the Bank

When we keep money in cash, or "under our mattress," what is at risk of happening?

Cuando guardamos dinero en efectivo, o "debajo de nuestro colchón", ¿qué riesgo hay de que suceda?

• Decreasing in value (with inflation)

• Increasing in value