Definitions
401k Plan
Tax-advantaged company sponsored investment plan
What company holds the PERC Plan
Fidelity
As a young and or aggressive investor, would you own more stocks or bonds?
Stocks
Pick one: What is most common? Is the stock market most often up by more than 20%, between 10-20%, between 0-10% or negative?
Up more than 20%.
True or False: According to JP Morgan, Saving and Asset Allocation are the only things totally in our control
True
Asset Class
Type of investments. Stocks, bonds, etc
How often can I change my investment allocation?
Anytime
True or False: Owning a 50% Stock 50% Fixed income has never lost money over 5 years since 1950.
True.
What percentage return has the US Stock market experienced so far this year?
9% up.
How much do I need to save per day to be a millionaire?
$20
Roth Contribution
After tax
What is the PERC Match?
6%
True or false, a Bear (Downward) market is often longer and more significant than a Bull (Upward) market
False. Bear markets are often short and result in less price movement than bull markets. For instance, 2008 was down 37% in a short 1 year period while our current bull market of 2022-2026 has returned over 75% and sustained for over 4 years.
What is the largest US company by stock market value?
Nvidia, which is an AI-based company. Showing enthusiasm in that company.
What percentage should I strive for to contribute to the plan?
10%
S and P 500
Widely held as the US stock index. Comprised of the largest 500 US companies.
When are you fully Vested at PERC?
Immediately
True or False: Risk Profile and allocation determine expected return
True
Who is our current Federal Reserve Chairman?
Powell
When should I evaluate a ROTH contribution?
Anytime.
Target Date Funds
Age-based investment portfolio managed by Fidelity
What is the Default Investment in the plan?
Diversified Target Date Portfolio given your age
What is the expected volatility year to year of the stock market?
10%
Finish this sentence. The Magnificent ___ companies represent approx 33% of US stock market
seven
How many rule of 72 doubles, assuming 7% return, does a 35-year-old have until retirement at 65?
3 Doubles