Dave Ramsey - Chapter 12 Investing

Front

Evelyn is reviewing her portfolio. What is it likely to contain?

Back

A list of her investments

Front

What does 'share' mean in the context of investing in the stock market?

Back

A piece of ownership in a company, mutual fund or other investment

Front

401(K)

Back

A retirement savings plan offered by a business to its employees. The employee contributes part of his or her gross pay, and the money is tax deferred.

Front

Scarlett is considering where to place her savings to achieve her financial goals. Which type of investment should she choose? Options: An account or arrangement in which one would put their money for mid term growth, An account or arrangement in which one would put their money for short term growth, An account or arrangement in which one would put their money for long term growth

Back

An account or arrangement in which one would put their money for long term growth

Front

Considering an investment in a new tech startup, what does this represent for an investor like Avery?

Back

A degree of uncertainty

Front

Which option best describes the liquidity of an asset?

Back

The ability of an asset to be converted to cash without the loss of value.

Front

What is a mutual fund?

Back

A pool of money managed by an investment company and invested in multiple companies.

Front

What does IRA stand for in the context of retirement savings options?

Back

A tax deferred arrangement for individuals with earned income; individual retirement arrangement.

Front

Anika is considering investing in either single stocks or mutual funds. She wonders if both investment options carry the same amount of risk.

Back

False

Front

Imagine Anika has investments in technology, healthcare, and utilities. Does this diversification lower the risk of her investment portfolio?

Back

True