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Stock Market Game Rules Flashcards | StudBud
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Stock Market Game Rules
Stock Market Game Rules
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Flashcards
21 cards
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Practice quiz
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Questions
21
Answers
1
How does the Mississippi SMG determine the winner?
How well your portfolio does compared to the S&P 500
How much money you make over all
How much money you have left in your account
How many stocks/mutual funds/bonds you have bought
2
What is the broker's fee charged on each buy or sell?
2%
0.75%
5%
1%
3
What do "Don't put all your chickens in one pot" or "all your eggs in one basket" mean?
They mean you should watch how you cook.
They mean you should diversify--invest in different things.
They mean you shouldn't invest in eggs or chicken.
They mean that you should only invest in safe stocks.
4
If you have $100,000 in your portfolio, what is the maximum money you can spend on one company?
$10,000
$20,000
$50,000
$100,000
5
What is the S&P 500?
A mix of 500 stocks from different industries
Salt and Pepper video game
A race car track
All the stocks in the NASDAQ
6
What is the minimum number of shares you must buy?
5
10
25
1
7
If you have a negative ( - ) cash balance, how much interest will you be charged?
10%
5%
1%
7%
8
Each team starts with how much money?
$100,000
$10,000
$1,000
$1,000,000
9
Which stock market exchanges can we buy from in the SMG?
NASDAQ and S&P 500
Dow Jones and S&P 500
NYSE and Dow Jones
NYSE and NASDAQ
10
Stocks must cost at least _______ per share in order to buy them.
$5
$1
$3
$10
11
One good piece of advice in investing is:
Buy it high, sell it low.
Only buy one company's stock.
Invest only in a savings account at your bank.
Buy it low, sell it high.
12
The SMG is a good way to invest in real life.
True
False
13
Extra credit: How is the stock market doing these days?
Not so good--stocks are really down.
It's okay--some days it's doing better than others.
Fantastic--it's broken records, it is doing so well.
14
What kinds of research can you do to improve your portfolio?
Check past performance, look for news , and use CNN Forecast
Ask your teacher for what she would buy
Ask your friends and family what they think you should do
Flip a coin to see which stock would be best
15
If you place a _____ order, the trade will ONLY go through if the price you set is met.
end of day
market
trade
limit
16
Mississippi uses __________ pricing when buying stock in SMG.
End of Day
Real Time
17
In real life, you should invest your money in which three things in order to grow it safely?
New shoes, new clothes, new hairdo
Piggy banks, savings accounts, and your wallet
Stocks, bonds, and mutual funds.
Don't invest at all. It's too risky.
18
If you make a trade on a Friday at 6:30 p.m., which end of day prices will be used?
Monday
Saturday
Friday
Sunday
19
For the SMG, you want to pick stocks that grow...
a little, so it will mean a good average.
a lot, so it will have a higher return over the S&P.
a lot, because why not? MONEY!
a little, so it is safer.
20
In Mississippi, you can only invest how much of your portfolio into one company?
75%
10%
20%
50%
21
If you have a positive ( + ) cash balance, how much interest will you EARN on your account?
0.75%
1%
2%
0.5%
