
Investment
Authored by Regine Castro
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58 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
Investment can potentially offer higher returns, helping you grow your wealth at a faster pace than traditional savings accounts.
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Answer explanation
Beat savings account returns
2.
OPEN ENDED QUESTION
3 mins • 1 pt
You can accumulate necessary funds to fulfill your dreams without relying on loans or credit.
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Answer explanation
Achieve financial goals
3.
OPEN ENDED QUESTION
3 mins • 1 pt
Protect your investment from losing value due to inflation and ensure that your monet retains its purchasing power in the future
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Answer explanation
Beat inflation
4.
OPEN ENDED QUESTION
3 mins • 1 pt
The gradual increase in the general level of prices for goods and services over time, which erodes the purchasing power of your money.
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Inflation
5.
OPEN ENDED QUESTION
3 mins • 1 pt
Allows you to build a substantial retirement fund that can provide you with a comfortable lifestyle after you stop working.
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Retirement planning
6.
OPEN ENDED QUESTION
3 mins • 1 pt
Concept of earning interest not only on your initial investment but also on the accumulated interest over time.
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Compound interest
7.
OPEN ENDED QUESTION
3 mins • 1 pt
By putting your money to work on investment that have the potential to grow, you can generate returns that can outpace inflation and increase your overall net worth
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Answer explanation
Building wealth
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