Investing 101 2025

What did Raymond study at University?

• BA in Economics and History

• BSc in Mathematics and Physics

• LLB/Diploma in Business (Finance)

• BE(Hons) in Civil Engineering

When was Raymond’s company formed?

• 2014

• 2016

• 2017

• 2015

What does Industrial Equity, LLC invest in?

• US stocks and bonds

• Real Estate Investment Trusts (REITs)

• NZX Top 50 ETF

• Cryptocurrency

What does Raymond say about leaving your job?

• The grass is always greener

• There is no need to maintain relationships with your workmates

• Try to leave on good terms because you may work with someone again

• Never leave your job

Which statement best describes ‘value investing’?

• Investing in stocks or other instruments priced below their intrinsic value

• Investing in ‘cigar butt’ stocks which offer a quick return

• Investing only in technology stocks because they are the most valuable

• Investing in companies which sell high-value products

How to calculate a company’s Earnings Per Share (EPS)?

• Revenue minus Expenses

• Profit before Interest and Tax (EBIT) / Average Total Assets

• Net Profit after Tax / Shares Outstanding

• Total Liabilities / Total Assets

What is Charlie Munger's middle name

• Raymond

• Philip

• James

• Thomas

When the market interest rate declines, what happens to the price of existing bonds?

• They stay the same price

• The price rises

• The price falls

• It's impossible to tell, the PM sets bond prices after each Cabinet meeting

What is Raymond's first priority in his Student Investor Action Plan

• New Zealand Stocks

•   US Stocks

• Emergency Fund

• Kiwisaver

What DOESN’T Raymond say about being a successful investor?

• Steadily add to your investments over time

• Contribute at least $1042.86 to KiwiSaver annually

• Always try to ‘time the market’

• Read a lot: books on investing and company reports