PF1: Financial investment
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Last updated almost 6 years ago
5 questions
1
If a savings tool offers a very low risk of losing your money, you should expect
If a savings tool offers a very low risk of losing your money, you should expect
1
You select a savings tool that is low risk, but requires you to leave your money in the account for at least one year. If you take it out early, they charge you a significant penalty. Which savings tool did you select?
You select a savings tool that is low risk, but requires you to leave your money in the account for at least one year. If you take it out early, they charge you a significant penalty. Which savings tool did you select?
1
Bria is a high school senior. She just inherited $10,000. She does not need to use the money, and would instead like to invest the money in a tool that will give her the HIGHEST potential returns. Which of the following would be the best investment tool for Bria?
Bria is a high school senior. She just inherited $10,000. She does not need to use the money, and would instead like to invest the money in a tool that will give her the HIGHEST potential returns. Which of the following would be the best investment tool for Bria?
1
At 22, you decide to begin putting money into an Individual Retirement Account (IRA). Which of the following BEST describes the benefits that ONLY a traditional IRA can give you?
At 22, you decide to begin putting money into an Individual Retirement Account (IRA). Which of the following BEST describes the benefits that ONLY a traditional IRA can give you?
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Nick wishes to place his money in a diversified investment with high potential returns. Which of the following should he select?
Nick wishes to place his money in a diversified investment with high potential returns. Which of the following should he select?