You've covered the fundamentals - from saving vs investing to stocks, bonds, risk, diversification, funds, and long-term thinking. Time to practice combining all these concepts.
Engagement Message
Ready for your final knowledge test before learning about brokerage accounts?
Type
Sort Into Boxes
Practice Question
Sort these investment approaches based on whether they represent smart or poor investing strategy:
Labels
- First Box Label: Smart Strategy
- Second Box Label: Poor Strategy
First Box Items
- Diversified portfolio
- Long-term focus
- Dollar-cost averaging
- Mix of stocks and bonds
Second Box Items
- All money in one stock
- Panic selling
- Market timing
- No diversification
Type
Multiple Choice
Practice Question
Alex is 30 years old and wants to build wealth for retirement. She has moderate risk tolerance and wants to start simple. What's the best first step?
A. Buy individual stocks in 20 different companies B. Put everything in bonds for safety C. Start with a diversified mutual fund or ETF D. Try to time the market perfectly
Suggested Answers
- A
- B
- C - Correct
- D
Type
Swipe Left or Right
Practice Question
Swipe left for scenarios showing compound growth benefits, right for scenarios missing compound growth:
Labels
