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WorksheetsSaving & Investing
Total questions: 15
Worksheet time: 8mins
All are benefits of saving, except
safe, reliable, convenient
earns a higher return of interest
earns a small amount of interest
insured by the FDIC
Saving and investing provide opportunities to increase your wealth, leading to financial security
True
False
True or false: Depositing money in a bank is low risk.
True
False
When you deposit money in the bank, you will quickly earn a lot of interest!
True
False
True or false: Investing in stocks can be high risk.
True
False
People should consider saving money for which of the following situations?
Something special they want to buy
Emergency situations
Retirement
All of the above
When you invest in stocks, mutual funds or bonds, your money is insured.
True
False
If you need the money within a year or so, or any type of emergency, you should choose:
Savings options
Investing options
If you don't need the money for the next 3+ years and you're okay with some risk involved, you should choose:
Savings options
Investment options
I want to put money aside so that I can buy a care. Should I save or invest
Save
Invest
Both
I have an account with E-trade and I use it to purchase securities (stocks/bonds). Am I saving or investing?
Saving
Investing
Both
I want to put money aside so that I can enjoy retirement. Should I save or invest?
Save
Invest
Both
If I purchase a 2nd home and rent it to a tenant, am I creating income through saving or investing?
Saving
Investing
Both
I have been setting money aside for a family trip to Disney World, what should I be doing with that money - save or invest?
Save
Invest
Both
One disadvantage of placing your money in a savings account rather than investing is...
Saving accounts have high risk
Interest rates on savings is usually less than the inflation rate
You do not have access to your money
Saving accounts aren't insured by FDIC.
