pennies overlapping
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.


Show Bankrate's community sharing policy
          Connect with us

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

CDs and Investment

Where should I put my money?

Dear Dr. Don, I would like to begin investing money to use in retirement. I want to be conservative with these investments, and I don't know where to begin. Any advice on retirement investing would be appreciated. Thank... Read more



Sheyna Steiner

3 tips to find the holy grail of funds

All investors wants a fund that yields high returns, yet protects them when the market tanks.  ... Read more

Partner Center

Connect with us