BF05 Personal Finance Objective 5.02/5.03

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#Objective 5.02,#PersonalFinance,#Objective 5.03,#5.02,#5.03 #Finance

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Questions 25

Answers

1
Which would earn less interest?
Checking
Money Market
CD
Savings
2
S&P 500 is a(n):
index fund
mutual fund
IRA
speculative investment
3
The chance that you might lose something
speculation
none of the above
inflation
risk
4
How do you find ROI?
Initial investment divided by the return
total return divided by initial investment
return divided by initial investment
initial investment * interest rate
5
Which is more liquid?
Money Market
CD
Savings
Checking
6
A group of similar stocks in one fund:
IRA
mutual fund
index fund
stock options
7
Spreading your money across different types of stocks is called:
investment philosophy
risk management
mutual fund
portfolio diversification
8
The possibility that I won't make an expected return
natural risk
investment risk
risk
inflation risk
9
The NYSE is a(n)
brokerage firm
stock exchange
discount brokerage firm
full service brokerage firm
10
This form of investment is lending money to a company or govt
stock option
bond
stock
mutual fund
11
Which is best for putting aside emergency funds?
Checking
Savings
Money Market
CD
12
When you earn more interest for higher amounts of money in the bank
compound interest
tiered interest
high yield
liquidity
13
What could happen if you drop below minimum balance?
minimum balance fee
Nothing
Minimum balance tax
your account will be closed
14
Which is best for long-term saving?
CD
Money Market
Savings
Checking
15
Which would earn more interest?
CD
Money Market
Checking
Savings
16
Returns are rents and maybe capital gains
bonds
stocks
mutual funds
real estate
17
how much risk you are willing to assume
risk tolerance
investment philosophy
capacity to lose
portfolio diversification
18
This form of investing gives you ownership in a company
bond
IRA
money market
stocks
19
Which has higher risk?
stocks
bonds
mutual fund
real estate
20
The NASDAQ is a
discount brokerage firm
full service brokerage firm
brokerage firm
stock exchange
21
Which offers tiered interest?
money market
CD
savings
checking
22
Which is closer to rolling the dice?
Traditional IRA
Bonds
mutual funds
speculative investments
23
When company divides profits among stockholders
ROI
market price
dividend
interest
24
How do you determine what savings tool to use?
the name of the bank
interest earned
the board of directors for the bank
liquidity
25
Liquidity
the amount of fluid in a glass
none of the above
how much liquid is in your food
how fast you can turn assets into cash

BF05 Personal Finance Objective 5.02/5.03 Flashcards | StudBud

BF05 Personal Finance Objective 5.02/5.03

25 termsStudBud Administration320 plays

#Objective 5.02,#PersonalFinance,#Objective 5.03,#5.02,#5.03 #Finance

Flashcards25 cardsFPractice quizPHost liveL

Questions 25

Answers

1
Which would earn less interest?
Checking
Money Market
CD
Savings
2
S&P 500 is a(n):
index fund
mutual fund
IRA
speculative investment
3
The chance that you might lose something
speculation
none of the above
inflation
risk
4
How do you find ROI?
Initial investment divided by the return
total return divided by initial investment
return divided by initial investment
initial investment * interest rate
5
Which is more liquid?
Money Market
CD
Savings
Checking
6
A group of similar stocks in one fund:
IRA
mutual fund
index fund
stock options
7
Spreading your money across different types of stocks is called:
investment philosophy
risk management
mutual fund
portfolio diversification
8
The possibility that I won't make an expected return
natural risk
investment risk
risk
inflation risk
9
The NYSE is a(n)
brokerage firm
stock exchange
discount brokerage firm
full service brokerage firm
10
This form of investment is lending money to a company or govt
stock option
bond
stock
mutual fund
11
Which is best for putting aside emergency funds?
Checking
Savings
Money Market
CD
12
When you earn more interest for higher amounts of money in the bank
compound interest
tiered interest
high yield
liquidity
13
What could happen if you drop below minimum balance?
minimum balance fee
Nothing
Minimum balance tax
your account will be closed
14
Which is best for long-term saving?
CD
Money Market
Savings
Checking
15
Which would earn more interest?
CD
Money Market
Checking
Savings
16
Returns are rents and maybe capital gains
bonds
stocks
mutual funds
real estate
17
how much risk you are willing to assume
risk tolerance
investment philosophy
capacity to lose
portfolio diversification
18
This form of investing gives you ownership in a company
bond
IRA
money market
stocks
19
Which has higher risk?
stocks
bonds
mutual fund
real estate
20
The NASDAQ is a
discount brokerage firm
full service brokerage firm
brokerage firm
stock exchange
21
Which offers tiered interest?
money market
CD
savings
checking
22
Which is closer to rolling the dice?
Traditional IRA
Bonds
mutual funds
speculative investments
23
When company divides profits among stockholders
ROI
market price
dividend
interest
24
How do you determine what savings tool to use?
the name of the bank
interest earned
the board of directors for the bank
liquidity
25
Liquidity
the amount of fluid in a glass
none of the above
how much liquid is in your food
how fast you can turn assets into cash