pf chapter 12

High-risk investments often offer the possibility of big gains or big losses

• True

• False

An estate is basically everything you own

• True

• False

Online brokerage firms are almost always competent and reliable

• True

• False

An investment portfolio is the collection of stocks, bonds, and other securities a person owns

• True

• False

Money market funds invest primarily in foreign currency

• True

• False

When you buy a bond, the issue owes you money

• True

• False

A living well is a statement of instructions. You wish to be followed if you become unable to make decisions on your own behalf.

• True

• False

Investing and saving are the same thing

• True

• False

When you buy stock in a corporation, you become part owner of that company

• True

• False

Securities exchanges make trading stocks and bonds difficult

• True

• False