Investing Basics
What is a depreciating good that you can invest in?
Answers vary.
What is good debt?
Loan used to finance something that will offer a good return on the investment.
What is the best type of money for your education? (grant, work study, loan_
Grants.
True or False: Phishing scams may have altered logos.
True
What happens the earlier you claim retirement?
The less money you recieve.
True or False: Most bonds have fixed interest over time.
True.
True or False: Secured credit cards should be used for every and all purchases.
False.
If you work in the public or non-profit sector, what can happen to your student debt at certain age?
They may be forgiven.
What is one way we can prevent identity theft?
Answers vary.
When you have _________ of your annual expenses saved up you can safely retire.
33 times.
What is Risk Tolerance?
Risk tolerance is the degree of variability in investment returns that an individual is willing to stand.
what does IBR stand for?
Income Based Repayment
True or False: Federal Loans are better then Private Loans.
False: Both work with the proper research.
What is the best savings account for retirement?
Roth IRA