Time Value of Money
In one sentence, what does "time value of money" mean?
A dollar today is worth more than a dollar in the future, because today's dollar can be invested and grow.
What's the term for spreading your money across different investments to reduce risk?
Diversification
What planet in our solar system is known as the "Red Planet"?
Mars
What NYC street shares its name with the New York Stock Exchange and the whole U.S. financial industry?
Wall Street
What is the mascot of Garnet Valley High School?
The Jaguar
What's the term for growth on an investment's original amount plus its previously earned interest?
Compound Interest
What kind of fund holds a broad basket of stocks designed to track a market index like the S&P 500?
An index fund
How many strings does a standard guitar have?
6
What's the name for the catastrophic crash that began October 29, 1929, kicking off the Great Depression?
Black Tuesday (the Crash of 1929)
Garnet Valley School District sits in which Pennsylvania county?
Delaware County.
What do you call a series of equal payments made at regular intervals, like a car loan or a pension payout?
An annuity
What's the regular cash payment some stocks make to shareholders called?
A dividend
What's the largest mammal on Earth?
The Blue Whale
What index of 30 large U.S. companies has been published since 1896?
The Dow Jones Industrial Average.
What athletic conference has Garnet Valley competed in since 2008?
The Central League
If you're offered $1,000 now or $1,050 in one year, what's the key number you need to know to decide which is better?
Your discount rate / the return you could earn investing that $1,000 elsewhere?
What ratio compares a company's stock price to its earnings per share, often used to judge if a stock looks "expensive"?
The P/E ratio (price-to-earnings ratio)
What element has the chemical symbol "Au"?
Gold
In what year did the "dot-com bubble" burst, wiping out huge value from internet companies?
2000
In what year was the Garnet Valley School District formally organized?
1959
Using the Rule of 72, about how many years will it take money to double at an 8% annual return?
About 9 years
What asset class is known for higher volatility but historically higher long-run returns than bonds or cash?
Stocks
Which country has the most natural lakes in the world?
Canada
What major investment bank's collapse in September 2008 is often seen as the spark for the global financial crisis?
Lehman Brothers
Which Garnet Valley team won the school's first-ever PIAA State Championship in 2011?
The Girls Lacrosse team