QUIZ #2

Investments generally earn passive income

• TRUE

• FALSE

Time deposit accounts do not earn interest.

• TRUE

• FALSE

Banks issue bank statement on savings deposit accounts.

• TRUE

• FALSE

Insurance are set up for some specific purpose at some certain time in the future.

• TRUE

• FALSE

Mutual funds generally earn more than savings account.

• TRUE

• FALSE

Bonds earn dividends.

• TRUE

• FALSE

Dividends are always declared regularly

• TRUE

• FALSE

Stocks are generally riskier than bonds.

• TRUE

• FALSE

Hard assets are tangible assets.

• TRUE

• FALSE

Real Estate investments earn rents

• TRUE

• FALSE