Are you a pro wealth-builder yet? Take this quiz to find out!
2
Your friend says, "If I invest $10,000 at 8%, I'll have exactly $20,000 in nine years."
Is that statement correct?
3
Which person is using the power of compounding most effectively?
4
The REIT you invest in is priced at:
January: $20
February: $10
March: $25
You invest $100 each month. Which month allows you to purchase the most shares?
5
You want to have $60,000/year in retirement. How large would your portfolio need to be?
6
You review your portfolio every six months. During one review, you discover your allocation has barely changed. What should you do?
7
You're 25 years old and use the Rule of 100 as an investing starting point. Approximately what percentage should you allocate to fixed-income investments?
8
You invest $15,000. After one year, it's worth $16,500. What was your rate of return?
9
Which formula represents net worth?
10
Brandon has:
$20,000 in savings
$30,000 in investments
$5,000 credit card balance
$10,000 in student loan debt
What is Brandon's net worth?
11
You invest all your money into real estate during a period of economic growth. What type of risk does this best represent?
12
You keep $20,000 in cash for 20 years. What risk did your cash likely experience?
13
You're new to investing and aren't comfortable with a large allocation for real estate and stocks because you could lose all your money. What concept is being described?
14
You purchase stock in a company. What are you generally receiving?
15
Which of the following investments carry the lowest risk?
16
Over the past week, cryptocurrency has been up 10% and down 8%. What concept best represents these occurrences?
17
Why is relying on only one source of wealth potentially risky?
18
You need money to buy a new house, but you can't find a buyer for your current house. What type of risk is being demonstrated?
19
Which of the following investments carries the most risk?
20
What is the most important factor for accelerating wealth?
|
Se presentan 10 preguntas, cada una con 4 opciones de respuesta. Seleccione la que considere correcta.