3.8 EXIT TICKET- Start Investing Exit Ticket

First Name

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Last Name

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Class Period

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1. What does it mean when someone says “Good investing is boring”?

• There should be little to no change in how your portfolio performs
• You should avoid talking to anyone about how your investments are performing
• You’re better off making long-term investments that don’t require day-to-day management
• You should avoid checking how your investments are doing for at least 10 years

2. All of the following are recommended strategies for beginner investors EXCEPT…

• Try to pick winning stocks and beat the market
• Recognize cognitive biases that may be influencing your decisions
• Minimize expense ratios to cut back on costs
• Choose your investments based on your risk tolerance

3. Which of the following is a characteristic of a brokerage account?

• Typically no capital gains tax
• Limits on how much you can invest
• No penalties for withdrawing your money
• Require a large amount of money to open an account