Stackwell Investing Trivia

How would you describe your knowledge and understanding of investing?

• I'm an expert

• I have some knowledge

• I have a little knowledge

• I have no knowledge on this subject yet.

The goal of investing is to:

• Generate Income

• Achieve your financial goals

• Grow your wealth

• All of the above

Answer explanation

The goal of investing is to generate income, achieve financial goals, and grow wealth. All of the above choices are correct.

What is investing?

• Buying and selling goods and services

• Saving money in a bank account

• Purchasing assets that you expect will increase in value over time

• Giving money to charity

Answer explanation

Investing is the act of purchasing assets that are expected to increase in value over time.

You need a financial advisor to invest.

• True

• False

Answer explanation

A financial advisor is not necessary for investing. False is the correct choice.

All of the following are investment tools, except:

• Stocks

• Bonds

• Collectibles

• Mutual Funds

Answer explanation

Collectibles is not an investment tool. It is not a financial asset that generates income or appreciates in value over time.

What is a stock?

• A share of ownership in a company

• A debt security

• The value of a company's assets minus its liabilities

• A certificate that shows you own part of a company

Answer explanation

A stock is a share of ownership in a company. It represents a portion of the company's ownership and entitles the holder to a proportionate share of the company's assets and profits.

What is an investment portfolio?

• A type of insurance policy for personal investments

• A group of investors meeting to discuss financial opportunities

• The total amount of money invested in the stock market.

• A collection of financial assets owned by an individual or organization.

Answer explanation

An investment portfolio is a collection of financial assets owned by an individual or organization. It represents the total amount of money invested in various financial instruments.

If you invested $1 every day in the stock market, at the end of a 30-year period of time, You could end up with more than six times what you contributed.

• True

• False

Answer explanation

By investing $1 every day in the stock market for 30 years, you could end up with more than six times what you contributed. This makes the statement 'True' the correct choice.

The key to investing is chasing market trends.

• True

• False

Answer explanation

The correct choice is False. Chasing market trends is not the key to investing.