Dave Ramsey Chapter 10

Front

Which is NOT true about investments? Options: Never invest using borrowed money., Diversification will help lower the risk., Always invest only for tax savings purposes., Never invest only for tax savings purposes.

Back

Always invest only for tax savings purposes.

Front

What is true about investing in single stocks?

Back

There is a high degree of risk.

Front

A collection of money from different investors, which is used to purchase stocks, bonds, or other investments and is managed by a fund manager, is called:

Back

Mutual Funds

Front

Which is a type of annuity? Variable, Stable, Fixed, Both a and c

Back

Both a and c

Front

The most aggressive mutual funds tend to be from: Companies that are a little younger and growing, Companies that are overseas, Companies that are older and well-established, All of the above

Back

All of the above

Front

What is the best option if you begin losing money in your mutual fund?

Back

Leave it alone and continue to invest money in the fund.

Front

Which of the following is a risk to consider when investing? You could lose all of your money, Inflation, Your money is not liquid, All of the above

Back

All of the above

Front

Investments are _____ 5 years.

Back

more than

Front

Savings plans should be ________ 5 years.

Back

less than

Front

The rule of 72 says to take 72 divided by the interest

Back

72 divided by the interest