What is the difference between a share and a stock?

A share is a single unit of stock

What is the stock exchange?

A market where people buy and sell company shares

A gap in a rule or law that people can use to avoid following it fully

How do you create your own sharesies account?

You ask your parents to set you up a kids account

What is Financial Literacy?

The knowledge and skills to make informed financial decisions

What is the main goal of investing?

To generate future income and capital gains

What is diversification?

Lowering your risk by not having too many of one kind of investment

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Investing

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Questions 15

Answers

1
Shareshies is a
NZ investment platform, to buy & sell shares with no minimum investment
NZ investment platform service requiring large investments
A mobile app that provides stock market news and analysis
2
What is not a challenge of retirement?
Health
Mental Stimulation
Finances
Talking more about money
3
What is a share?
A small piece of a company that you can own
Money you lend to a company
A government-issued certificate for saving money
A payment you get every month from a company
4
What are our classroom guidelines for this class?
Trust
All of the above
No phones
Respect
5
What is a dividend?
A tax you pay on your paycheck
A fee you pay when you buy shares
Money a company gives you for owning its stock
The cost of selling company shares
6
What is the difference between a share and a stock?
A share is a single unit of stock
There is no difference, they mean the same thing
7
What is not an example of a common investment
Property
Bonds
Shares
Betting
8
What is the stock exchange?
A bank where you keep your savings
A network of companies trading shares among themselves
A place where people trade sports cards
A market where people buy and sell company shares
9
What is a loophole?
A gap in a rule or law that people can use to avoid following it fully
A way to break the law without getting caught
10
Investing is about the
Short-term
Long-term
11
How do you create your own sharesies account?
You ask your parents to set you up a kids account
You set it up yourself
12
Financial Literacy class can boost a teen’s lifetime wealth by
$10,000
$1,000
$100
$100,000
13
What is Financial Literacy?
The knowledge and skills to make informed financial decisions
The ability to memorise all financial terms and definitions
Saving all your money instead of spending it
The ability to earn a high income through any profession
14
What is the main goal of investing?
To earn money quickly
To lose money and learn from it
To generate future income and capital gains
To keep all your money in cash
15
What is diversification?
Avoiding investments during economic downturns
Putting all your money into a single high-performing stock
Lowering your risk by not having too many of one kind of investment
Investing only in international markets

Investing Flashcards | StudBud