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PF Investing

Total questions: 27

Worksheet time: 14mins

Name
Class
Date
1.

What does diversification mean to investing?

a)

to spread around

b)

don't put all your eggs in one basket

c)

put your money into mutual funds that invest in several different stocks or bonds

d)

all are correct

2.

What is the relationship between risk and return when investing

a)

as the risk goes down, the return goes up

b)

as the risk goes up, the return goes down

c)

as the risk goes up, the return goes up

d)

there is not relationship between risk and return when investing

3.

For the past 10 years what percent of mutual funds have made money?

a)

85%

b)

90%

c)

95%

d)

100%

4.

Investing is for five years or longer, saving is for fewer than five years.

a)

true

b)

false

5.

A major difference in saving and investing is

a)

Saving is important, investing is optional

b)

Investing is important, saving is optional

c)

the amount of money you earn (rate of return)

6.

A share or piece of ownership in a company is a

a)

bond

b)

mutual fund

c)

annuity

d)

stock

7.

Susie wants to save money on her taxes. Should she invest for this reason?

a)

Yes. Savings on taxes is a great reason for investing.

b)

No. Never invest only for tax reasons.

8.

If you invest in mutual funds you are diversifying your investments. Is this a good idea?

a)

Yes. Diversification helps lower risk.

b)

No. You should keep all your investments in one fund because investing always involves risk.

9.

Dave wants to invest in single stocks, is this a good idea?

a)

No, because the risk is too high and the average person doesn't know enough about stocks to directly invest in them and it's too risky.

b)

No, because you cannot buy stocks without putting your money into a mutual fund.

c)

Yes, because stocks are a great investment.

d)

Yes, because stocks have an average return of 12%.

10.

Which answer is true about investments?

a)

Never invest using borrowed money.

b)

Diversification lowers risk.

c)

Never invest for tax reasons only.

d)

All are true.

11.

What is a mutual fund?

a)

A group of people who form a club to buy stocks on their own.

b)

A variable annuity.

c)

A group of people pooling their money to purchase stocks or bonds into a fund that is managed by a broker.

d)

Stocks and bonds.

12.

If you want to invest in an aggressive growth stock, what types of companies tend to be in this category?

a)

Older more established companies

b)

Companies that are younger and growing fast

c)

Overseas or international companies

d)

Companies that pay dividends

13.

Saving or investing? You want to start a college fund for a child that is less than one year old.

a)

saving

b)

investing

14.

Saving or investing? You want to buy a car when you graduate from high school.

a)

saving

b)

investing

15.

You want to open a Roth IRA with your graduation money.

a)

saving

b)

investing

16.

You want to buy a house after you graduate from college in six years.

a)

saving

b)

investing

17.

You want to take a nice vacation in two years.

a)

saving

b)

investing

18.

Never invest using borrowed money.

a)

true

b)

false

19.

Oil and gold are good examples of commodities.

a)

true

b)

false

20.

When investing you should always check the 5-10 year track record.

a)

true

b)

false

21.

Saving is for five years or longer.

a)

true

b)

false

22.

Investing is for 5 or fewer years.

a)

true

b)

false

23.

How quick you can access your money is called

a)

investing

b)

saving

c)

liquidity

d)

commodity

24.

An international growth stock mutual fund has your money invested in what types of companies?

a)

established American companies

b)

younger American companies

c)

blue chip

d)

international

25.

A bond is a debt instrument for a company.

a)

bond

b)

stock

c)

annuity

d)

mutual fund

26.

In a mutual fund, investors pool their money.

a)

true

b)

false

27.

The difference between saving and investing is the amount of interest your earn, the reason you are putting money back, and the amount that is recommended.

a)

True

b)

False