What is the most common name in the USA?
Michael
Who did James Early Ray assassinate in Memphis in April 1968?
Martin Luther King Jr.
Who was the first President of the United States.
George Washington
When you buy a small part of a company, you are purchasing a ____
Stock
What is the capital of Canada ?
Ottawa
In stock market, each stock has a 3/4 letter abbreviation which makes it easier to search for the given company.
What is this 3/4 letter representation of a company called?
Ticker
Where is the largest stock exchange in the world located?
NYC
The Great Pyramid of Giza is in which country ?
Egypt
What is the difference between investing and saving?
Saving- no risk of losing money. Low level of potential upside
Investing- Risk of losing money. Unlimited upside potential
Explain the difference between simple and compound interest:
Compound- Interest grows on top of the money you gained. For example - You invest $1000 this year and gain 10%, so your new balance at the end of the year is $1100.
If you return 10% the following year, you will now gain $110 this year.
Simple interest just grows the original amount
This type of investment is a combination of different stocks into one investment giving you instant diversification. For example a car ___ (3 letters) could be composed of 25% Tesla, 50% GM, 25% Rivian, 25% Lucid
ETF
Exchange Traded Fund