Chapter 9
The fund investors single most powerful ally
A. Patience B. Speed C. Expenses
What is Patience
Name of the chapter. "The investor and his _____"
A. Stocks B. Computer C. Advisors
What is Advisors
An investment banking firm originates, underwrites and _______ new issues of stock
A. Advises B. Sells C. Complains about
What is sells
A type of investment that is quite cheap, very convenient, generally diversified, professionally managed, and tightly regulated under Federal securities law
What is a Mutual Fund
How you can tell if you need a hand: major changes, big losses, busted budgets and...
A. Big Profits B. Chaotic Portfolios C. Publications
What is Chaotic Portfolios
The year that the NYSE had the largest volume in history
A. 1916 B. 2004 C. 1970
The more frequently a fund trades its stocks, the _____ it tends to earn
A. Less B. More
What is Less
As Ronald Reagan used to say "Trust, then ______"
A. Deliver B. Contact C. Verify
What is Verify
Type of analyst that forms an expert opinion of the safety or attractiveness of all the different stocks and bonds and works up detailed studies of individual securities
What is Security (or Financial)
What it is called when companies test drive their funds privately before selling them publicly.
A. Testing B. Incubating C. Affiliating
What is Incubating
Name of the lingo an advisor uses that should set off warning bells
What is Words Of Warning
The year that the mutual fund was introduced
A. 1924 B. 1956 C. 2010
When is 1924?
The higher a funds expenses, the lower its...
What is Returns
The role where it is required to register with either the US Securities and Exchange Commission or securities regulators in the state where their practice is based
What is a Financial Planner
What CFA stands for
Chartered Financial Analyst