Current Events
The CEO of which of the following companies just stepped down this past week?
Microsoft
Netflix
This is the best way to protect your credit rating.
Pay your bills on time
What does ESG stand for?
Environmental, social, governance
What is a stock market?
Place where stocks/shares are bought and sold
Where did the global energy crisis first begin?
Europe
Which of the following companies is planning to split off into two publicly-traded ones?
Johnson & Johnson
Procter & Gamble
Apple
Johnson & Johnson
Calculate this by taking the total amount of money and assets you have and subtracting the total amount of money you owe.
Net Worth
What are real assets?
Investment asset class that covers investments in physical assets such as real estate, energy, and infrastructure.
Who stole more money: Jordan Belfort or Bernie Madoff?
Bernie Madoff
Is the US Electricity market fully regulated, fully deregulated, or both?
Both
Goldman Sachs just _____ their forecasts for U.S GDP:
Increased
Lowered
Lowered
This should be performed monthly to ensure proper record keeping and help protect against identity theft.
Bank reconciliation
What are financial assets?
Non-physical asset whose value is derived from a contractual claim, such as bank deposits, bonds, and participations in companies' share capital
What is a Ponzi Scheme?
Lure investors to contribute money into a business or pool
Pay profits to earlier investors using funds contributed by new investors (rather than actually making money and giving real profit to early investors)
Can maintain illusion of success by paying earlier investors as long as new investors contribute new funds, and most of the investors do not demand full repayment and still believe in the non-existent assets they allegedly own
How is the US electricity market unique?
Electricity cannot be stored unlike other commodities
Which of the following companies just went public on the NASDAQ as of today?
BuzzFeed
Publix Supermarkets
Wawa
Staples
BuzzFeed
When possible, it is better to buy a home rather then rent because purchasing real estate is considered an investment. As you pay off your mortgage you build this.
Equity
What is the future of ESGs?
Active- ESGs, or AESG
Which of the three major US stock indexes is “tech-heavy”?
NASDAQ
Dow Jones Industrial Average
S&P 500
NASDAQ
Which part of the electricity supply chain is the most inefficient?
Generation
Transmission
Distribution
Transmission
Which of the following electric-vehicle companies did the SEC just subpoena this week concerning their past “blank-check” deal?
Tesla
Rivian
Lucid
NIO
What is a checking account?
Money kept for every day expenses
Percentage of return on an investment, this word is also found on a triangular street sign.
Yield
What are the 3 steps of money laundering?
Placement - initial entry of the criminal’s money into the financial system
Layering - separates the criminal’s money from their original source and creates a complex audit trail through a series of financial transactions
Integration - occurs when the criminal’s proceeds are returned to the criminal from what appear to be legitimate sources.
Which is more volatile: short term or long term electricity demand?
Long term