NEW
Font size
WorksheetsFinancial Literacy for youths
Total questions: 10
Worksheet time: 8mins
Which of these is NOT an example of an Investment?
Buying a vintage car which will hopefully increase in price
Buying Adidas shoes cheap to sell them for a profit
Buying a lottery ticket to potentially hit a jackpot
Buying a stock which lost money in the stock market
What is the Average % Return from the Stock Market?
3 - 5%
7 - 10%
12 - 15%
Over 20%
What is a Stock?
Something you put on before your shoes
Cash paid directly to you
A piece of a company
Dividends
What is Financial Independence?
Borrowing money from a Bank to buy a house
Being able to earn enough money without having to work
Retiring at the age of 60
Being able to buy a BMW 7 series in cash
Why is it better to invest when you are young?
Compound Interest
More years for your money to grow
Allows you to form a good Investing habit early in life
All of the above
Which of these is NOT TRUE about Fixed Deposits?
They give you roughly 3% returns per year
You can't withdraw your money easily and whenever you want
They are considered very safe
They are a great way to build your wealth in the long run
Pick the statement that is TRUE
Dividend Yield is the profit you earn from selling a Stock.
An example of a Roboinvestor is a Unit Trust
Capital Gains and Dividends are the 2 ways to earn money in the Stock Market
REIT stands for Real Estate Investment Tool
What makes stock prices go up and down?
Luck
News
Governments
Water supply
What does a Compound Interest Calculator show you?
What stock you should invest in
Estimated profits from your investment
That investing when you are older is better because you will make less mistakes
How to get rich quickly
What is one disadvantage of using a Roboadvisor App to help you invest?
It is not reliable and often loses money
It is complicated and not for beginners
It requires a lot of time to use
You can't choose individual stocks that you want to buy
