Investing/Retirement Quiz2

What does ROI stand for in the context of investing?

• Return on Investment

• Risk of Inflation

• Revenue of Insurance

• Rate of Interest

What is diversification in investment?

• Investing in a single asset

• Investing without research

• Spreading investment across various assets

• A type of cryptocurrency

What does the term "bull market" refer to in investing?

• When the market is doing well

• When the market is in a downturn

• A term for physical marketplaces

• Another name for a bear market

Name the type of investment - when is the money taxed when invested?

• Roth IRA

• Traditional IRA

• 401K

• 403b

Which investment is considered post-tax, meaning you pay tax only when withdrawn?

• Traditional IRA

• 401K

• Stocks

• Mutual Funds

What is an 'investment'?

• Purchasing goods for personal use

• Hiding money under a mattress

• Putting money into something with the expectation of profit

• Giving money away without expecting anything in return

Which type of fund will most working American qualify for at age 62.5?

• Traditional IRA

• Social Security

• Roth IRA

• Pension plan

How can someone profit from investing in a stock?

• Always sell the stock for a lower price than what they bought it for

• Always sell the stock for more money than you bought it for

• The stock will always lose value; so do not ever invest in stocks

• Always sell the stock for the same price they bought it for

What are 2 examples of real assets?

• Real Estate, Gold

• Mutual Funds, Cash Equivalents

• Stocks, Bonds

• Jewelry, Art

What is a brokerage account primarily used for?

• Buying real estate

• Investing in cryptocurrency

• Trading assets such as stocks, bonds, mutual funds

• Opening a savings account