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Stock Market Flashcards | StudBud
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Stock Market
Stock Market
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Flashcards
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Questions
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Answers
1
A 401(k) is set up through an employer. Can the employer contribute or match funds in it?
True
False
Not Legal
2
"Nest egg" is believed to have been derived from what?
Retired people comfortable in their home nest
None of These
Old Birds relaxed in their nests
Poultry Farmers tactics in the 17th Century
3
With an ROTH IRA, you must withdraw the money by age 70-1/2.
False
True
4
NYSE is the acronym for. . .
New York Stock Exchange
No Young Stock Entities
None of these
National Youth Stock Exchange
5
With a Traditional IRA, the money you put in is not taxed until it is withdrawn.
True
False
6
If a stock goes through a stock split, you have 1/2 the number of stocks than before the split.
True
False
7
What is the minimum age to set up a SEP (Pension) through your employment?
21
19
25
18
8
If you want to be sucessful in the stock market, it requires research, time, and patience.
False
True
9
What kind of business is best suited for a SIMPLE IRA?
Large Corporation
None of These
Mid-Size Business
Business with less than 100 employees
10
Copper is . . .
Traded on Wall Street
a Commodity
None of these
Not up for trade
11
The acronym DJIA represents (stands for). . .
Defense Jobs in America
Dow Jones Industrial Average
None of these
Dee James Individual Account
12
With a SEP (Pension), the employee must be 21 or over and worked 3 out of the past prev. 4 yrs.
False
3 out of 5 prev. years
2 out of 5 prev. years
True
13
The ups and downs of the stock market will NOT affect a 401K account.
True
False
14
Who swindled investors and faked his death on a bridge by the Hudson River?
Mark Cuban
Jeffrey Petersen
Bernie Madoff
Sam Israel
15
All of these are commodities except. . .
Titanium
Silver
Barley
Coca-Cola
16
A substantial sum of money that has been SAVED or INVESTED for a specific purpose is. .
Money buried in the back yard
None of These
Random Expense
Nest Egg
17
What does the Bear represent?
Down Market
Strong Market
Attack
Inflation
18
Who is a famous for her TV & magazine & served time in a Federal Prison for insider trading?
Martha Thomas
Martha Stewart
Martha Bennion
Martha Washington
19
What does the Bull represent in the stock market?
Strong Market
None of these
Down Market
A bunch of Bull
20
A SEP stands for. . .
None of the Above
Simplified Employee Plan
Student Employment Plan
Stop Emergency Profits
21
Where is the hub for trading commodities in the United States?
Chicago, Indiana
Omaha, Nebraska
New York City
Chicago, Illinois
22
With a Traditional IRA, at what age can you start to withdraw funds without penalty?
59-1/2
47-1/2
65
70
23
Where is the "hub" for the stock market trading in the United States?
New York City
St. Paul, Minnesota
Chicago, Illinois
St. Louis, Missouri
