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Unit 3- Investing & Wealth Management

Total questions: 85

Worksheet time: 1hrs 15mins

Name
Class
Date
1.

Return refers to the money you can earn from an investment.

a)

True

b)

False

2.

An example of a blue-chip stock is Best Buy.

a)

True

b)

False

3.

Real estate and collecting items such as coins and stamps are also examples of investing.

a)

True

b)

False

4.

In a bear market, investment prices rise, so it is important to buy as soon as possible.

a)

True

b)

False

5.

Investing is usually done to meet long-term goals and earns a significant amount of interest.

a)

True

b)

False

6.

Is the money in a Roth IRA taxed when it is withdrawn?

a)

True

b)

False

7.

Selling your stock when it reaches a certain price is known as a limit order.

a)

True

b)

False

8.

Mutual funds are a great option for people who need diversification and don't know much about investing.

a)

True

b)

False

9.

To calculate the rate of return, divide your share of the profit by the amount you invested.

a)

True

b)

False

10.

The main difference between a traditional IRA and a Roth IRA is when the money is taxed.

a)

True

b)

False

11.

Diversifying increases the overall risk of loss.

a)

True

b)

False

12.

The more money you invest, the higher the interest rate you earn, and the sooner you invest, the more money you will earn.

a)

True

b)

False

13.

It is best to start investing as soon as possible.

a)

True

b)

False

14.

Dividends are earned when you sell your stock for more than what you paid for it.

a)

True

b)

False

15.

It is possible to lose all of your invested money.

a)

True

b)

False

16.

403(b) plans are offered to public employees and are tax-deferred.

a)

True

b)

False

17.

Risk refers to the chance that an investment will decrease in value.

a)

True

b)

False

18.

As a stockholder, you own a part of a company.

a)

True

b)

False

19.

Diversifying your investments means varying your investments with different levels of risk.

a)

True

b)

False

20.

Dow Jones and S&P 500 are examples of stock indexes.

a)

True

b)

False

21.

The two American stock exchanges are the NYSE and NASDAQ.

a)

True

b)

False

22.

If you invest $20,000 in a friend's company and after one year you receive $250 as your share of the profit,

what is your ROR?

a)

0.0125%

b)

80%

c)

8%

d)

1.25%

23.

You invest $675 in a computer repair company. At the end of the year, you receive $300 as your share of the profit. What is your Rate of Return (ROR)?

a)

44%

b)

2.25%

c)

0.44%

d)

22.5%

24.

____________ refers to the potential of not earning or even losing money.

a)

Return

b)

Security

c)

Risk

d)

Diversification

25.

____________ refers to an intangible investment.

a)

Return

b)

Security

c)

Risk

d)

Diversification

26.

Selling your stock for more than you paid for it is known as _______________.

a)

stock

b)

dividends

c)

return

d)

capital gains

27.

Earnings of a company shared with its stockholders are known as _______________.

a)

Capital gains

b)

Dividends

c)

Stock

d)

Return

28.

Stocks in a corporation that are expected to experience rapid growth are known as _____________

a)

Blue chip stocks

b)

Preferred stock

c)

Growth stock

d)

Common stock

29.

A non-voting share that pays a fixed dividend is a _____________

a)

growth

b)

blue chip stock

c)

preferred stock

d)

common stock

30.

This type of retirement account is only offered to public employees.

a)

Traditional IRA

b)

Roth IRA

c)

403(b)

d)

None of the above

31.

This type of retirement account is not tax-deferred.

a)

403(b)

b)

Roth IRA

c)

Traditional IRA

d)

None of the above

32.

____________ refers to the strategy of investing in a variety of businesses with different levels of risk.

a)

diversification

b)

security

c)

risk

d)

return

33.

Stocks in a large, well-established business, like Microsoft, are known as _____________.

a)

common stock

b)

preferred stock

c)

growth stock

d)

blue chip stock

34.

This is a professionally managed, diverse portfolio of investments.

a)

Roth IRA

b)

Bond

c)

Traditional IRA

d)

Mutual fund

35.

What is the primary reason for a company to issue stock?

a)

The stocks help investors earn a higher rate of return

b)

To raise money to grow the company

c)

To distribute the risk of bankruptcy across more investors

d)

To increase greater awareness of the company

36.

Spreading your investments around to increase financial security

a)

Risk assessment

b)

Diversification

c)

Stocks, bonds & cash

d)

Liquidity trap

37.

Ownership in a publicly traded corporation is represented by?

a)

CD - Certificate of Deposit

b)

Money Market

c)

Treasury Bill

d)

Stock

38.

Which would be considered the highest risk investment type?

a)

Stock

b)

Mutual Fund

c)

Bond

d)

Money Market Account

39.

The relationship between risk and return can be stated as:

a)

Higher risk indicates higher return.

b)

Higher risk indicates lower return.

c)

Lower risk indicates higher return.

d)

No relationship exists between risk and return.

40.

How can you earn money from stocks? (Hint: Choose 2 correct answers)

a)

Capital gain

b)

Interest

c)

Dividends

d)

Holding the stock for at least 3 years

41.

Andy earned $300 on a $1000 investment. What is his current ROI (Return on Investment)?

a)

2%

b)

3%

c)

30%

d)

70%

42.

Some examples of _____ are coins, stamps, and jewelry.

a)

Collectibles

b)

Returns

c)

Bonds

d)

Limit orders

43.
Day trading is an example of ____
a)
saving
b)
investing
c)
speculating
44.
Putting your money into an MMA is an example of
a)
saving
b)
investing
c)
speculating
45.
Investing in multiple blue chip, growth, and penny stocks are examples of
a)
saving
b)
investing
c)
speculating
46.
The goal of investing is to earn more in returns than the yearly inflation rate
a)
True
b)
False
47.
The rate at which the average price of a product or service increases over some period of time is known as
a)
inflation
b)
rate of return
c)
interest
d)
investing
48.
It is important to ________ to reduce your overall risk of loss.
a)
diversify
b)
invest
c)
save
d)
spend
49.
This company-sponsored retirement plan requires specific job qualifications to be elgible.
a)
401k
b)
roth IRA
c)
traditional IRA
d)
pension
50.
This individual retirement plan is tax-defferred
a)
401k
b)
roth IRA
c)
traditional IRA
d)
pension
51.
This individual retirement plan is not tax-defferred
a)
401k
b)
roth IRA
c)
traditional IRA
d)
pension
52.
Tax defferred means that taxes are taken out upon deposit, not withdrawal.
a)
True
b)
False
53.
The amount the stock initially sells for is known as its
a)
IPO
b)
dividends
c)
capital gains
d)
exchange
54.
This is the best way to earn money in the stock market as it has a much larger return.
a)
IPO
b)
dividends
c)
capital gains
d)
exchange
55.
This is a small payout to shareholders each fiscal period.
a)
IPO
b)
dividends
c)
capital gains
d)
exchange
56.
This type of modern day investment is a mutual fund designed to grow investments for a specific time frame.
a)
target date fund
b)
exchange fund transfer
c)
cryptocurrency
d)
fiat system
57.
This type of modern day investment operates much like a mutual fund except prices rise and fall all day
a)
target date fund
b)
exchange fund transfer
c)
cryptocurrency
d)
fiat system
58.
This modern day investment is a digital alternative to traditional currency.
a)
target date fund
b)
exchange fund transfer
c)
cryptocurrency
d)
fiat system
59.
This states that money is legal tender but has no tangible value
a)
target date fund
b)
exchange fund transfer
c)
cryptocurrency
d)
fiat system
60.
Robo-advisors are algorithm driven financial planning services
a)
True
b)
False
61.
This type of investing is a great start as you can invest with a small balance.
a)
robo-advisors
b)
cryptocurrency
c)
micro-investing
d)
fiat system
62.
A major drawback of cryptocurrency is that it is not insured by the government
a)
True
b)
False
63.

What is the term for the profit made from selling an investment for more than its purchase price?

a)

Dividend

b)

Capital gain

c)

Interest

d)

Return on Investment

64.

Which type of investment typically carries the highest risk?

a)

Bonds

b)

Real Estate

c)

Stocks

d)

Savings Account

65.

What is the term for the spread of investments to reduce risk?

a)

Allocation

b)

Diversification

c)

Segmentation

d)

Integration

66.

What is the main advantage of diversification in an investment portfolio?

a)

It eliminates taxes

b)

It reduces overall risk

c)

It guarantees higher returns

d)

It increases liquidity

67.

Which account allows you to invest pre-tax dollars for retirement and pay taxes upon withdrawal?

a)

Money Market Account

b)

Traditional IRA

c)

401(k)

d)

Roth IRA

68.

What does it mean when a company goes public?

a)

It starts selling products to the public

b)

It issues shares on a stock exchange

c)

It increases its employee count

d)

It merges with another company

69.

Which financial instrument represents ownership in a corporation?

a)

Mutual Fund

b)

Stock

c)

Bond

d)

Savings Account

70.

Which investment type allows you to buy and sell shares throughout the trading day at market prices?

a)

Certificate of Deposit

b)

Mutual fund

c)

Exchange-Traded Fund (ETF)

d)

401(k) plan

71.

A collection of stocks and/or bonds combined into one fund which will be traded as a unit, typically chosen and actively managed by an "expert" in exchange for a fee from each investor

a)

stock

b)

bond

c)

CD

d)

mutual fund

72.

Capital Gains

a)

Profit from the sale of an asset, such as a stock or a bond, calculated by subtracting the price you initially paid from the price you then sold it for

b)

Money from the profits of a company that is paid out to its shareholders, typically on a quarterly basis

c)

The ratio of money gained or lost on an investment relative to the amount of money invested; also known as return on investment (ROI)

d)

A share of the value of a company, which can be bought, sold, or traded as an investment and which gives the investor small partial ownership of the company

73.

Dividend

a)

Profit from the sale of an asset, such as a stock or a bond, calculated by subtracting the price you initially paid from the price you then sold it for

b)

Money from the profits of a company that is paid out to its shareholders, typically on a quarterly basis

c)

The ratio of money gained or lost on an investment relative to the amount of money invested; also known as return on investment (ROI)

d)

A share of the value of a company, which can be bought, sold, or traded as an investment and which gives the investor small partial ownership of the company

74.

Stock

a)

Profit from the sale of an asset, such as a stock or a bond, calculated by subtracting the price you initially paid from the price you then sold it for

b)

Money from the profits of a company that is paid out to its shareholders, typically on a quarterly basis

c)

The ratio of money gained or lost on an investment relative to the amount of money invested; also known as return on investment (ROI)

d)

A share of the value of a company, which can be bought, sold, or traded as an investment and which gives the investor small partial ownership of the company

75.

The practice of investing in a large variety of stocks, bonds, and/or funds as a way to as a way to reduce your overall risk

a)

Diversification

b)

Investing

c)

Dividend

d)

Risk

76.

The process of setting money aside to increase wealth over time for long-term financial goals such as retirement

a)

Diversification

b)

Investing

c)

Dividend

d)

Risk

77.

Degree of uncertainty on how likely the investor is to make money on an investment

a)

Risk

b)

Return

c)

Stock

d)

Dividend

78.

An individual retirement account that allows a person to set aside pre-tax income up to a specified amount each year

a)

Traditional IRA

b)

Roth IRA

c)

NASDAQ

d)

401(k)

79.

The second largest stock exchange in the world behind the NYSE

a)

Traditional IRA

b)

Roth IRA

c)

NASDAQ

d)

S&P 500

80.

The world's largest stock exchange, physically located in New York City

a)

NYSE

b)

Nasdaq

c)

S&P 500

d)

Index Fund

81.

An index of 500 large cap companies chosen based on their size, industry, and other factors, used to represent the entire market

a)

NYSE

b)

Nasdaq

c)

S&P 500

d)

Index Fund

82.

Roth IRA

a)

An individual retirement account that allows a person to set aside after-tax income up to a specified amount each year

b)

An individual retirement account that allows a person to set aside pre-tax income up to a specified amount each year

c)

A federal program that provides monthly benefits to millions of Americans, including retirees, military families, surviving families of deceased workers, and disabled individuals

d)

A bond, generally considered to be a risk-free investment, issued by the U.S. Treasury with a maturity of more than 10 years

83.

A retirement savings plan, sponsored through your employer who will often match your contributions, that allows an individual to save for retirement and have the savings grow while deferring taxes until funds are withdrawn

a)

Traditional 401(k)

b)

Traditional IRA

c)

Index Fund

d)

Mutual Fund

84.

Rate of Return

a)

A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including mutual funds and ETFs

b)

The ratio of money gained or lost on an investment relative to the amount of money invested; also known as return on investment (ROI)

c)

A collection of stocks and/or bonds combined into one fund which will be traded as a unit, typically chosen and actively managed by an "expert" in exchange for a fee from each investor

d)

A market where shares in corporations are bought and sold through an organized system

85.

Stock Exchange

a)

A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including mutual funds and ETFs

b)

The ratio of money gained or lost on an investment relative to the amount of money invested; also known as return on investment (ROI)

c)

A collection of stocks and/or bonds combined into one fund which will be traded as a unit, typically chosen and actively managed by an "expert" in exchange for a fee from each investor

d)

A market where shares in corporations are bought and sold through an organized system