What is The Fifth Foundation?
Dave Ramsey Ch 12 Test

Quiz
•
Life Skills
•
12th Grade
•
Medium
Whitley Hart
Used 17+ times
FREE Resource
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Pay cash for your home
Build wealth and give.
Save for retirement
Pay cash for college
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A security that represents part ownership of a company is called a(n) ____.
Stock
Bond
Certificate of Deposit
Annuity
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
When you invest in a mutual fund, you are contributing to a pool of money that will be...
Given to hundreds of local charities in your area
Taxed based on each individual investor's annual salary
Invested in a mix of stocks, bonds, and money market accounts
Put into a seperate savings account for your children to inherit someday
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Diversification reduces your ____ by using a mix of investment types in your portfolio.
Income
Retirement funds
Risk
Mutual Funds
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
______ is the cure for ____
Investing wisely; estate planning
Love; the income gaps in our society
Certificate of Deposit
Selfishness; thinking of others first
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
______ is the process of figuring out how much money you'll need in retirement and creating a plan to get there.
Investment banking
Outrageous generosity
Retirement planning
Retirement accounting
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Before you invest, you should make sure a mutual fund has done well for 5-10 years.
True
False
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