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Investment and Compound Interest Quiz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is the advantage of dollar-cost averaging as an investment strategy?

a)

It guarantees high returns

b)

It provides tax benefits

c)

It allows for quick gains in the stock market

d)

It helps to avoid the risk of 'playing the stock market'

2.

What is the advantage of investing regularly and for the long term?

a)

Compound interest is always working

b)

It takes less self-discipline and self-sacrifice

c)

It requires constant monitoring

d)

It guarantees immediate wealth

3.

What is the advantage of diversifying investments?

a)

It requires less time and thought

b)

It protects against the risk of any one type of investment having a slump

c)

It guarantees high returns

d)

It provides tax benefits

4.

What is the advantage of financial education in making wise investment decisions?

a)

It requires constant monitoring

b)

It guarantees immediate wealth

c)

It takes less time to do research

d)

The more you know about your investments, the better choices you'll make

5.

What is the disadvantage of dollar-cost averaging as an investment strategy?

a)

It guarantees high returns

b)

It might be during a time when the price has increased

c)

It provides tax benefits

d)

It helps to avoid the risk of 'playing the stock market'

6.

What is a disadvantage of investing regularly and for the long term?

a)

Delayed gratification isn't always easy

b)

It guarantees immediate wealth

c)

It requires constant monitoring

d)

It takes less self-discipline and self-sacrifice

7.

What is the disadvantage of diversifying investments?

a)

It guarantees high returns

b)

It provides tax benefits

c)

It requires less time and thought

d)

It can take some time and thought to put together a diverse investment strategy

8.

What can be a challenge in our financial education to make wise investment decisions?

a)

It takes less time to do research

b)

It requires constant monitoring

c)

The more you know about your investments, the better choices you'll make

d)

There are many sources of information out there, some better than others

9.

What is the example used to illustrate the dollar-cost averaging strategy?

a)

Carmen has been saving since she was 12

b)

May has $500 taken from her paycheck each month invested in several mutual funds

c)

Joe is worried that the US economy is not going to be doing so well

d)

Anthony is deeply concerned about global warming

10.

What is the example used to illustrate the advantage of investing regularly and for the long term?

a)

Joe is worried that the US economy is not going to be doing so well

b)

Anthony is deeply concerned about global warming

c)

May has $500 taken from her paycheck each month invested in several mutual funds

d)

Carmen has been saving since she was 12