pennies overlapping
investing
Investing Basics: Chapter 1 quiz

If you think you've mastered the material in this chapter, take our quiz. After you click the "submit" button, the answers will appear below.

  1. Why do interest rates fluctuate?

    The Federal Reserve raises or lowers the rate at which banks borrow money from each other in order to control inflation or slow a recession.
    It's generally believed to be a conspiracy of mortgage brokers and global warming.
    Global influences align to swell or deflate interest rates.


  2. A general rule of thumb is that everyone should have enough cash on hand to see them through:

    His or her next paycheck.
    Three to six months of unemployment.
    His or her children�s college graduation.


  3. What kind of an account am I? I pay higher yields than most savings accounts, offer FDIC insurance, limit the number of monthly withdrawals you can make, but am considered liquid because I'm easy to access.

    Passbook savings account.
    Money market account.
    Certificate of deposit.


advertisement

          Connect with us
advertisement
CD & INVESTING NEWSLETTER

Learn the latest trends that will help grow your portfolio, plus tips on investing strategies. Delivered weekly.

CDs and Investment

How do I repay IRA loan?

Dear Dr. Don, Hello, I read your column about short-term, 60-day loans from an individual retirement account. How do you withdraw funds from an IRA? Can a person redeposit the funds back into the same IRA? Or can the money... Read more

advertisement

Blog

Sheyna Steiner

‘Blackfish’ sinking SeaWorld stock?

Investors have turned tail and run from SeaWorld stock after this week's earnings report showed that revenue slipped in the second quarter.  ... Read more

Partner Center
advertisement

Connect with us