Dave Ramsey test 1-27-15
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
|
|
||||
|---|---|---|---|---|---|
| Growth and Income Funds | large-cap
🗑
|
||||
| always check this record when investing | 5-10 year track record
🗑
|
||||
| spread around the risk | diversification
🗑
|
||||
| piece of ownership in company stock | share
🗑
|
||||
| list of your investments | portfolio
🗑
|
||||
| least liquid of all investments | rental real estate
🗑
|
||||
| degree of uncertainty of the return on an investment | risk
🗑
|
||||
| Aggressive Growth Funds | small-cap
🗑
|
||||
| savings account within an insurance company | annuity
🗑
|
||||
| risk goes up, return goes up | risk return ratio
🗑
|
||||
| true/false: Liquidity means to spread around and lower risk. | false
🗑
|
||||
| true/false: A single stock is the best place to keep your emergency fund. | false
🗑
|
||||
| true/false: A certificate of deposit is the best place to keep an emergency fund. | false
🗑
|
||||
| true/false: Diversification lowers your risk with investing. | true
🗑
|
||||
| true/false: Commodities and futures are extremely speculative and carry a high risk. | true
🗑
|
||||
| ____% of any 10-year period in the stock market has made money. | 100%
🗑
|
||||
| Long-term investments properly diversified include the following mutual funds: | growth, growth and income, international, aggressive growth
🗑
|
||||
| What is the KISS rule of investing? | Keep It Simple Stupid
🗑
|
||||
| What are not good investments? | gold, viaticals, futures
🗑
|
||||
| What statement is true about liquidity? | the more liquid an investment, the less return
🗑
|
||||
| What is not a type of annuity? variable, stable, or fixed | stable
🗑
|
||||
| A savings account with a certificate is a what? | C.D.
🗑
|
||||
| What are some investments that don't give you a high rate of return? | investing in gold, commodities, sometimes stocks
🗑
|
||||
| List four types of investments that you should always avoid. | gold, commodities, viaticals, futures
🗑
|
||||
| How are single stocks different from mutual funds and which is the better investment? | mutual funds because a single stock is putting all your eggs in one basket
🗑
|
||||
| Why do you look at the long-term track record with a mutual fund? | You need to see if your investment is going up over the long-term
🗑
|
||||
| Know how to do a case study | look over Dave Ramsey Chapter 2 booklet
🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
a.allsup
Popular History sets