A reason that people need to save and invest is to:
Company Xʹs board of directors has decided to issue a portion of its earnings to its shareholders.If you own stock in Company X, you can expect to receive a(n):
Savings accounts and money-market accounts are most appropriate for:
The benefit of diversification in your investments is:
A young investor willing to take moderate risk for above-average growth would be most interested in:
Which of the following would not be a huge financial risk (and, therefore would not require insurance) if you had a full emergency fund of $500 or more?
The purpose of insurance is to:
A person becomes self-insured when:
Which of the following statements about disability insurance is false?
You are involved in a two-car accident in which you are at fault. The other driver is injured and your insurance covers the medical expenses of the victim. This type of insurance coverage is called:
Single stocks and mutual funds carry the same amount of risk.
You can start investing with a small amount of money.
Good investment portfolios are extremely complex.
If you leave a job and have money saved in your employerʹs retirement plan, always roll that money into an IRA using a direct rollover, which allows you to avoid taxes and penalties.
Saving and investing have nothing to do with the amount of money you make.
After high school, you should have the following types of insurance: auto, renterʹs, health and long-term care insurance.
Renterʹs insurance is not necessary if you donʹt have a lot of expensive things.
Duplicate coverage, or any extra insurance on top of your existing insurance, is not necessary.
Any insurance with cash value or that combines insurance with investments is a bad idea.
Good identity theft protection includes restoration services.
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