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EPF18 - Terms

Total questions: 11

Worksheet time: 6mins

Name
Class
Date
1.

A key difference between saving and investing is

a)

Saving is for everyone, investing is for the wealthy

b)

Your money is insured when investing, it is not when saving

c)

Investing has a guaranteed return, saving does not

d)

Saving is for emergency and goals, investing is long-term wealth

2.

Which would be considered the highest risk investment type?

a)

Stock

b)

Mutual fund

c)

Bond

d)

Money Market fund

3.

The relationship between risk and return can be best expressed as:

a)

Higher risk indicates lower return

b)

Higher risk indicates higher return

c)

Lower risk indicates higher return

d)

No relationship exists between risk and return

4.

Which is NOT a stock market index

a)

NYSE

b)

Dow Jones

c)

S&P 500

5.

Andy earned $300 on his $1000 investment. What is his ROI? (return on investment)

a)

2%

b)

3%

c)

30%

d)

40%

6.

Which of the following is considered a loan to a company?

a)

Stock

b)

Option

c)

Bond

d)

Mutual fund

7.

Why is it so important to understand how the stock market works?

a)

The stock market always makes money

b)

Because no one understands bonds

c)

The stock market averages 8 to 9% return a year

d)

Your savings account is too risky

8.

What is the difference between a 401k and an IRA (Individual Retirement Account)

a)

I can always add money to my 401k

b)

The 401k is company-sponsored

c)

The government matches money that I put into my IRA

d)

One is for retirement, the other is for speculation

9.

Which security represents ownership in a company

a)

bond

b)

mutual fund

c)

stock

d)

option

10.

Diversification means _______.

a)

Putting all your eggs in one basket

b)

Spreading your money out among different kinds of investments

c)

How much money you make on your portfolio

d)

Someone who helps you make decisions on what to invest in

11.

According to the Charles Schwab Risk Tolerance article, someone who has a high tolerance for risk and a long time horizon should invest ___________.

a)

conservatively

b)

moderately

c)

aggressively

d)

speculatively