CFMA
Who is the current CFMA President?
Matthew Vacek
What term describes using different investment vehicles, or refraining from “putting your eggs in one basket”?
Diversification
Who led the first meeting of the semester?
Matthew Vacek
When is the best time for us to start thinking about retirement planning?
Right now!
What popular sci-fi TV show released the first few episodes of its last season last week?
Stranger Things
What company is CFMA's primary sponsor?
SECU
What is the term that describes the exponential growth of an investment’s value when holding it long-term?
Compounding
Who led our most recent workshop?
CFMA's Events Committee
What is the term for money received from the government once you reach retirement age?
Social Security
What Christmas song has spent the most weeks at No. 1 on the Billboard Hot 100?
"All I Want For Christmas Is You" by Mariah Carey
Name the 4 CFMA Committees.
Events, Outreach, Finance, Marketing/Content
What is the name of the financial institution that is member-owned?
Credit Union
What company led our first workshop of the semester?
SECU
What type of retirement account is sponsored by your employer?
401(K)
What MLB team won the World Series this year?
Los Angeles Dodgers
Name 3 E-Board members and their roles other than our President.
Gage (VP), Ashley (Events), Indira (Marketing), Joselyn (Content), Aditi (Finance), Ben (Recruitment)
What is the rule that tells you how long it will take for your money to double based on a rate of return? (from Ben Offit's workshop!)
Rule of 72
Who taught us about cryptocurrency this semester?
Professor Terrence O'Brien
What financial planning rule suggests what you can withdraw from your retirement savings without running out of money?
4% Rule
What famous Australian zookeeper is on Dancing With The Stars this season?
Robert Irwin
What year was CFMA founded?
2018
Name the 3 main US credit bureaus.
Equifax, Experian, and TransUnion
What speaker and organization partners with CFMA for community outreach, helping teach young students about financial literacy?
Maya Browne from JA Finance Park (JA of Greater Washington)
If you have funds left over in a 529 college savings account, what can these funds be rolled over into?
Roth IRA
What Disney princess movie is next to release a live action?
Moana