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Financial Literacy Quiz! Flashcards | StudBud
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Financial Literacy Quiz!
Financial Literacy Quiz!
10 terms
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StudBud Administration
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Financial Literacy
Flashcards
10 cards
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Practice quiz
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Host live
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Questions
10
Answers
1
What is the average return of the stock market?
5-10%
1-5%
10-15%
What is the stock market?!
2
What percentage of your income should you save for retirement?
15-30%
10-15%
Half
1%
3
What’s the average age to retire?
65
70
60
55
4
If you invest in the stock market in general... how long would it take for your money to double?
20 years
1 year
10 years
5 years
5
Chad makes as much money as a doctor or lawyer or engineer
False
True
6
If you invested $10,000 the day Amazon went public in 1997, how much would it be worth today?
1 million
10-12 million
ONE BILLION!
500,000
7
Most people save enough for retirement
False
True
8
How much money should the average person have for retirement?
1 million
100,000
A billion dollars!
250,000
9
You have to be good at math to pursue finance or accounting
True
False
10
Tesla is one of performing stocks this year. Knowing that.... How much money did they make in 2019?
A million
Zero. They didn’t make or lose money.
1 billion
Negative. They lost money.