When you can support your monthly lifestyle from the the investment assets that you own instead of a job you are considered this....
What is wealthy?
What is gambling?
If you want to keep fees low, should you buy an active fund or a passive fund?
What is a passive fund?
The name of the award given to the student who demonstrates the most engagement.
What is the Dargenson award?
You should never do this while on camera during a DIME session
What sleep?
When prices in the general economy go up over a period of time
What is inflation?
You can use this rule to determine how long it will take to double your money in the market.
What is the rule of 72?
If I receive $1,000 from DIME should I put it in a really good stock, save it in the bank or buy an ETF.
What are buy an ETF?
The one trait the DIME program wants every student to have
The name of the news source we suggest students should use (hint... it's not Morning Brew)
What is seeking alpha?
If you need to save money for college in two years, which is the better asset class to invest in over the next few years?
What are bonds or money market funds?
What is market capitalization?
Which is more expensive to own. A mutual fund or an ETF?
What is a mutual fund?
What year was DIME founded?
The percentage of students who move on to Level 2 from Level 1
What is 50%?
What are value stocks?
The best performing S&P500 stock YTD?
FISERV. It's up 3700%
What is establishing the right relationships?
How much did each graduate of DIME receive last year?
What is $1,000?
What investment topic has been most talked about this year in the financial news.
What are small cap stocks?
Name one of the 8 Myths of Wealth and Money
1. If you're rich then you're wealthy
2. Success can happen overnight
3. You need a great salary to be wealthy
4. Money corrupts people
5. Rich people don't worry about money
6. I'm too young to think about retirement
7. Risk much, make much
8. Find a good job and you're set for life
I just received $500 from my grandparents. I have $500 in credit card debt at 17% APR. Should I invest the money in the stock market or pay off the debt?
What is pay off the debt?
What is ___________.
A period of economic decline during which trade and industrial activity are reduced and GDP declines
What is a recession?