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Mini-Quiz: Investing Your Money

by Ron Kurtus (revised 26 November 2011)

Take this Mini-Quiz to check your understanding of the lesson material.



1. Why would you buy bonds instead of putting your money in the bank?

To get more interest, if you can keep money in for a period of time

It is always smarter to put your money in the bank

Most people are not allowed to purchase bonds

2. When should you consider investing in real estate?

When you can afford to make the investment and payments

Never invest in real estate because it is too risky

If you have $1000 and a job, you should buy an investment house

3. Why do so many people play the stock market?

Few people actually invest in stocks

There is no way that you can lose any money at it

It seems like a good way to invest, if you are careful

If you got all three correct, you are on your way to becoming a Champion in Personal Finances. If you had problems, you had better look over the material again.



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