Personal Finance - Investment Review

Examples of stock exchanges are NASDAQ and NYSE

• True
• False

When you purchase stock, you are an owner.

• True
• False

A market order is when you buy or sell stock at the best current price.

• True
• False

A ROTH IRA is taxed when you take money out.

• True
• False

The age to withdraw from your IRA without penalty is 65 1/2.

• True
• False

The SEC regulates the securities exchange industry.

• True
• False

Deferred load and back load are the same thing.

• True
• False

Municipal bonds are not tax free.

• True
• False

The DOW Jones consists of 30 companies and is an index that giving an overall picture of how the market is doing for the day.

• True
• False

A mutual funds value is determined by the market price.

• True
• False