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Worksheets

Saving and Investing

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

Which of the following is a good reason to have a financial reserve that's larger than normal?

a)

You would not be able to find another job quickly if you lost yours.

b)

You have a large monthly car payment.

c)

You have mostly discretionary expenses.

d)

Your income is fairly predictable.

2.

What is compounding interest?

a)

interest that's not calculated on a regular basis

b)

interest that doubles the principal of an account

c)

interest gained only on the principal of an account

d)

interest that's added to the principal of an account

3.

What is opportunity cost?

a)

the principal in an investment account

b)

the total amount of investments in a portfolio

c)

the value of an investment opportunity you pass up in order to take another investment opportunity

d)

the value of an investment opportunity when it's compared with all the other investments you've made in the past

4.

What is a volatile investment?

a)

an investment that can change quickly without warning

b)

an investment that is fairly low risk

c)

an investment that requires a high volume of investors

d)

an investment that gains value slowly over time

5.

Which portion would not be part of an investment portfolio?

a)

a savings account

b)

commodities fund

c)

a savings 529 plan

d)

equity investments in a company

6.

When is your risk tolerance lowest?

a)

when you are closest to needing the money you invested

b)

when you are concerned about the diversity of your investment portfolio

c)

when you are an inexperienced investor

d)

when you first make the investment

7.

What piece of information is most helpful when you're comparing investments?

a)

the ROI percentage

b)

the ROI dollar amounts

c)

the total return dollar amounts

d)

the initial investment amounts

8.

How does an equity investor make money?

a)

depositing money in compounding accounts

b)

lending money and charging interest

c)

selling an investment for more than they paid for it

d)

selling many investments at the same time

9.

What is a stock?

a)

a partial ownership in a company

b)

a group of real estate investments

c)

a regular payment a company issues to investors

d)

a government investment

10.

Which policy is a way the SEC protects investors?

a)

guaranteeing the value of certain stocks

b)

insuring the amounts of people's investments

c)

requiring companies to disclose financial information

d)

helping investors diversify their portfolios

11.

Which example is an investment commodity?

a)

a rare painting

b)

shares in a company

c)

microfinancing

d)

steel

12.

Which option allows you to pool your money and invest in a portfolio with other investors?

a)

a 401(k) plan

b)

a 529 plan

c)

an IRA account

d)

a mutual fund

13.

Which piece of information is typically included in a stock listing?

a)

the number of shares of stock sold in a previous day

b)

the predicted price of the stock over the next year

c)

the company's SEC registration credentials

d)

the number of shares of stock sold in the previous year

14.

Which type of investment income happens when an investor sells ownership in an equity investment that's gained value?

a)

dividends

b)

capital gains

c)

interest

d)

equity gains

15.

What is the New York Stock Exchange?

a)

an indicator of how certain stocks may perform in the future

b)

the world's largest exchange for trading stocks and other securities

c)

a stock market where trades take place exclusively over computers

d)

an index for measuring the performance of stocks