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Investing Quiz

Total questions: 18

Worksheet time: 9mins

Name
Class
Date
1.

A type of investment that invests in a lot of different companies is called

a)

Stocks

b)

Bonds

c)

Mutual funds

d)

T-bills

2.

What is a stock?

a)

A loan an investor makes to a company or government that pays interest over time.

b)

A share of ownership in a company

c)

A collection of investments sold as a package.

d)

An option to purchase something in the future at todays price.

3.

Spreading your investments around to inrease financial security

a)

Risk assessment

b)

Diversification

c)

Stocks, bonds & cash

d)

Liquidity trap

4.

Professionally managed, diversified investment that pools resources of many investors

a)

Treasury bonds

b)

Stock index

c)

Mutual fund

d)

Saving account

5.

The number of years it takes for your money to double

a)

72 Rules

b)

Rule of 72

6.

Diversification is important in investing because…

a)

It helps you to balance your risk across different types of investments.

b)

It increases your overall risk, which guarantees that you will make more money.

c)

It ensures that you only make low-risk investments.

d)

It helps you gain the highest rate of return despite any risks.

7.

Which of the following correctly orders the investments from LOWER risk to HIGHER risk?

a)

Treasury bond − Stock − Diversified mutual fund

b)

Stock − Treasury bond − Diversified mutual fund

c)

Treasury bond − Diversified mutual fund – Stock

d)

Diversified mutual fund − Treasury bond − Stock

8.

Which investment is the most risky?

a)

bond

b)

stock

c)

mutual fund

d)

savings account

9.

Which type of investment is the least risky?

a)

stock

b)

bond

c)

mutual fund

d)

savings account

10.

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 in savings

c)

Investing has a guaranteed return, savings does not

d)

Saving is for emergencies & goals, investing is for long-term wealth

11.

Why is compound interest more beneficial than simple interest?

a)

Your money grows faster when it is compounded

b)

Your taxed on simple interest, but not compound interest

c)

Fees for compound interest are greater than simple interest

d)

Compound interest is hard to calculate, so fewer use it

12.

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

13.

What is Social Security?

a)

Social Security is a private retirement fund run by your company

b)

Social Security is another name for a 401(k)

c)

Social Security is a government run retirement program

d)

Social Security is a program that matches your 401(k) contributions

14.

Why is it important to start investing as soon as possible?

a)

You take less risk when you are young, so money will be safe

b)

You have more time for your money to compound

c)

Investing is an easy way to make quick money

d)

Fees on investments are cheaper when you are younger

15.

A person who is licensed to buy and sell stocks on behalf of others, provide investment advice, and collect a commission on each purchase or sale is called a __________.

a)

Bank clerk

b)

Accountant

c)

Stock Broker

d)

Retail Investor

16.

A bond is a _________.

a)

Type of debt that a company issues to investors for a specified period of time

b)

Share of ownership in a company

17.

Mutual funds are ______.

a)

Speculative investments that are managed without fees

b)

Diversified investments comprised of a variety of stocks and bonds

18.

A company needs to raise cash to expand, but it does not want to issue stock. A company can raise cash by selling _________ and paying interest.

a)

Bonds

b)

Contracts