WorksheetsFin533
Total questions: 9
Worksheet time: 7mins
What does "Diversification" in investing mean?
Putting all the money into stock
Spreading investments across different assets
Investing only in foreign markets
Keeping all money in savings
If a stock's price goes from RM20 to RM25, what is the percentage gain?
15%
22%
20%
25%
Which investment type generally carries the highest risk but also potential highest return
Bonds
Savings accounts
Fixed deposit
Stocks
What does a credit score represent?
The amount of money in your bank account
Your ability to repay borrowed money
The interest rate on your loan
Your income level
If you pay only the minimum balance on your credit card every month, what will happen?
You avoid all interest charges
You still pay interest on the remaining balance
Your credit score improves quickly
Your debt disappears faster
Which factor has the biggest impact on your credit score?
Length of credit history
Payment history
Types of credit used
Number of recent inquiries
What is the main purpose of a retirement plan?
To borrow money for education
To save and invest for financial security in old age
To pay off credit card bills
To buy a house
If you start saving RM500 per month at your age 25, instead of waiting until age 35, what's the main benefit?
Lower risk
Your pay fewer taxes
You get higher interest rates
Higher total savings due to compound interest
If Malaysia, what is the minimum withdrawal age for *EPF (Employees Provident Fund) savings?
50
55
60
65
