Finance 1
The term for when you wait for something
Delayed Gratification
The 2 letter word that disciplined people use often
No
What color indicates positive growth when taking about money
Green
When should you sell a stock...when it is high or low
High
What clothing store does Mr. Shandro like to find deals at
Marshalls
What type of millionaire does not show off their wealth
Silent or quiet milionaire
How many companies are in the S&P
500
What color indicates negative decline when taking about money
Red
Want
What state did Mr. Shandro previously live in...hint: there are over 10,000 lakes there.
Minnesota
The term for what someone owns
Assests
How much would one have to save for 40 years, making 10% interest, in order t become a millionaire
$159 per month
Finish the term...keeping up with the___family
Jones
When should you buy a stock...when it is high or low
Low
How many countries has Mr. Shandro been to
90
The term for what someone owes
Liabilities
The Nasdaq part of the stock market, typically deals with what kind of companies?
T_ _ _
Tech or Technology
What is the average rate of return for the S&P 500 during the last 40 years
13%
What is the most common car brand that millionaires drive
Toyota
What continent has the most countries in it
Africa....54 countries
Assets - liabilities = ?
N _ _ W_ _ _ _
Net worth
Financial literacy is ___% knowledge and ___%behavior
20% knowledge
80% behavior
What is the average rate of return for the S&P 500 during the last 30 years
10%-12%
Why would chocolate milk be both a want and a need
Want because it is high in sugar
Need because it does have some nutritional value that your body needs to survive
What country has the largest population in the world
India...took over from China