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WorksheetsSaving and Investing
Total questions: 16
Worksheet time: 7mins
A key difference between saving and investing is
Saving is for everyone, investing is for the wealthy
Your money is insured when investing, it is not in savings
Investing has a guaranteed return, savings does not
Saving is for emergencies & goals, investing is for long-term wealth
Which would be considered the highest risk investment type?
Stock
Mutual Fund
Bond
Money Market Account
The relationship between risk and return can be stated as
Higher risk indicates higher return
Higher risk indicates lower return
Lower risk indicates higher return
No relationship exists between risk and return
You would generally be willing to accept more risk in your investments if
your time horizon was relatively short.
you were highly risk-averse.
you expected to earn a higher rate of return in exchange for acceptance of the risk.
all of these
Which of the following is true with regard to gross pay and net pay?
Net pay is gross pay minus savings.
Gross pay is usually less than net pay.
Net pay is gross pay minus deductions.
Net pay is gross pay plus Social Security contributions.
Which of the following is NOT one of the rules for building wealth?
Save and invest early and often.
Invest for the short haul.
Don't leave money on the table.
Diversify your investments.
What is a reason for why so many Americans live paycheck-to-paycheck?
Many people are paying themselves first and then spending
Many people only buy what they NEED, not what they WANT
Many people impulse shop
Many people spend within their budget
