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U7 Investing for the Future

Total questions: 21

Worksheet time: 1hrs 1mins

Name
Class
Date
1.

Jordan invests in securities from different industries to reduce the impact of portfolio losses.

How would you describe Jordan's financial portfolio?

a)

Diversified

b)

Speculative

c)

Excess savings

d)

Beginning Investing

2.

What is a good description of the "Initial (Beginning) Investing" stage?

a)

Long-term investing for a secure financial future.

b)

The use of excess savings to buy permanent, low-risk investments.

c)

Buy high-risk securities to earn greater returns.

d)

Regular, scheduled investments that have tax benefits

3.

Which of the following describes "Speculative Investing"?

a)

Portfolio of diversified securities that yield a medium return.

b)

High-risk investments that most people never explore (high return potential)

c)

Invest in retirement plans on a regular, planned basis

d)

Save for emergencies.

4.

What is "Systematic Investing"?

a)

High-risk investments that most people never explore

b)

Save 3 - 6 months of net pay for emergencies.

c)

Regular, planned investments in retirement plans.

d)

Conservative, low-risk investments.

5.

All of these are "Types of Risk" associated with investments EXCEPT:

a)

Employee Risk

b)

Political Risk

c)

Market Risk

d)

Interest Rate Risk

6.

According to the "Risk-Return Pyramid," which of the following is a "LOW risk / LOW return" investment? Choose ALL that apply.

a)

CDs

b)

U.S. Government Savings Bonds

c)

Treasury Securities

d)

Mutual funds

e)

Cash and Cash Equivalents

7.

According to the "Risk-Return Pyramid," stocks and mutual funds are examples of what type of risk/return?

a)

Low Risk/Low Return Investments

b)

High Risk/High Return Investments

c)

Medium Risk/Medium Return Investments

d)

Low Risk/High Return Investments

8.

According to the "Risk-Return Pyramid" (and stages of investing), how are futures, options and penny stocks classified?

a)

High Risk/High Return

b)

Low Risk/Low Return

c)

Medium Risk/Low Return

d)

High Risk/Low Return

9.

Which of the following investments are purchased in "Strategic Investing (4th)" stage? Choose all CORRECT responses.

a)

Mutual funds

b)

Bonds

c)

Stock options

d)

Savings account

e)

Stocks

10.

Which of the following investments are purchased in "Beginning Investing (2nd)" stage? Choose all CORRECT responses.

a)

Stocks

b)

CDs

c)

Penny stocks

d)

Collectibles

e)

Bonds

11.

How long will it take $5,000 to double if it earns a 9.5% return?

a)

7.5 years

b)

7.5%%

c)

13.1%

d)

13.1 years

12.

How can you double $2,000 if it's invested for 7 years?

a)

10.2 years

b)

10.2%

c)

9.7 years

d)

9.7%

13.

Suann has a checking and savings account (emergency fund), a bond and a CD. She would like to expand her portfolio. In what stage of investing is Susann?

a)

Stage 1

b)

Stage 2

c)

Stage 4

d)

Stage 5

14.

Suann has a checking and savings account, a bond and a CD. She would like to expand her portfolio. Suann's goal is to invest in the next stage. Based on her goal, what would you recommend she add to her portfolio?

a)

Stocks and mutual funds

b)

Savings and checking accounts

c)

Bonds and CDs

d)

IRA and/or employer retirement plan

15.

Juan is married with 2 children. He earns $6,000 a month (net pay/paycheck). What is the MINIMUM Juan should have saved for emergencies?

a)

$30,000

b)

$18,000

c)

$24,000

d)

$12,000

16.

Alison has the following in her financial portfolio: Roth IRA savings, bonds, 403(b), and checking. Based on her portfolio, in what stage of investing is Alison?

a)

Put-and-Take

b)

Beginning Investing

c)

Systematic Investing

d)

Speculative Investing

17.

Alison has the following in her financial portfolio: savings, checking, bonds, Roth IRA, and a 403(b). She is ready for the NEXT STAGE of investing, so what TWO (2) securities would you recommend? Choose ALL correct responses.

a)

CDs

b)

Traditional IRA

c)

Stocks

d)

Futures

e)

Mutual funds

18.

Which of the following is LEAST LIQUID?

a)

Penny stocks

b)

Bond

c)

Mutual fund

d)

Checking account

e)

CD

19.

Which of the following has the LOWEST RISK and RETURN potential?

a)

Collectibles

b)

Bond

c)

Mutual fund

d)

Futures

e)

Stock

20.

Which of the following are "investment criteria" you should consider BEFORE you choose an investment? Choose ALL that apply.

a)

Safety

b)

Liquidity

c)

Purchase price

d)

Tax benefits

e)

Anticipated dividend or interest

21.

Which of the following are important factors to consider BEFORE you begin investing your excess savings? Choose ALL that apply.

a)

Financial goals

b)

Risk tolerance

c)

Your age

d)

Lifestyle

e)

Your income, marriage, children