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FP/101 FP101 FP 101 Week 8 QUIZ

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FP 101 Week 8 QUIZ 1. Which of the following best describes dollar-cost averaging? 2. What should you do if you do not want to spend a lot of time managing your investments? 3. How should you adjust your retirement saving strategy if you are uncomfortable owning stocks? 4. Investing your money is ideal for which of the following purposes: 5. Equity investments, or equity you purchase in a company, is also known as 6. Which of the following is a good plan of action to take with your retirement plan when the stock market is performing poorly? 7. What happens to the price of bonds when interest rates go up? 8. Which of the following is a loan to a company or to the government on which you earn interest until you receive your money back in a specified number of years? 9. What one thing can have the biggest impact on a mutual fund’s performance over time? 10. Which of the following should you look for when evaluating mutual funds?

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