Pop Culture
Stocks, Mutual Funds, and Investments... Oh My!
WHAT! College Really Costs That Much!?! I need to build a budget...
Who Wants to Be a Millionaire?!
Orange is the New Black
Are You a Bank? Leave me a Loan!
100
This was the price of Bitcoin on 1/1/2020.
A. $5,000
B. $7,000
C. $9,000
D. $15,000
B. What is $7,000?
For reference, it was at $46,311.75 as of 1/1/2022.
100
These are the names of the market when it rises or falls. There are two animals that represent the type of market. What are the two market types?
What is a bull and bear market?
100
Only ___% of students fill out the FAFSA, on average.
A. 15%
B. 25%
C. 35%
D. 45%
D. 45%
100
This is the worst method of investing for long-term investors.
What is not investing (keeping your funds as cash).
100
This celebrity was on a TV Show called Full House... Now she is living in the big house for college admission fraud. Who is this?
Lori Laughlin (Aunt Becki is also acceptable).
100
The acronym APR / APY?
What is Annual Percentage Rate or Annual Percentage Yield?
200
This stock was all over the news recently for making the 'average joe' rich quick, rising 1,700%; however, the company is not performing well and is on the verge of collapse.
What is Gamestop?
200
EFT
What is an Electronic Fund Transfer?
200
Needs/Wants/Savings
What is the 50/30/20 rule (50 needs, 30 wants, 20 savings)?
200
This type of contribution means that you have paid taxes before investing your funds.
What is a Roth contribution?
200
What it's called when you steal funds/assets from your employer to use for personal expenses.
What is embezzlement?
200
The loan amount that you borrow.
What is the principal balance?
300
This actor played in Wolf of Wall Street.
Leonardo DiCaprio
300
True or False: You're more likely to believe a market event will happen again in the near future because it happened in the recent past?
What is true!
When you see positive trends, you are more likely to hop on board because of a "Fear of Missing Out".
300
The average cost of school supplies per year?
A. $500
B. $700
C. $900
D. $1,200
What is D - $1,200!
300
On average, how much greater is the net worth of people who planned for retirement versus those that didnt?
A. It is the same
B. 2x Greater
C. 3x Greater
D. More than 4x Greater
What is C. 3x Greater
300
This celebrity was sent to jail for insider trading back in 2004. This icon spent five months incarcerated. Who is this?
(If you need a hint, she has made a really good friend in Snoop Dog).
Who is Martha Stewart?
300
A person who agrees to pay a borrower's debt if he or she defaults on the loan.
What is a co-signer?
400
"Out of student loans and treehouse homes, we all would take the latter" was a lyric from the song 'Stressed Out' discussing the pressure that Student Loans cause.
Name the band.
Who is Twenty One Pilots?
400
When you own shares of a company that pay money out quarterly, you will receive these.
What are dividends?
400
These are the two types of student loans.
What are unsubsidized and subsidized?
400
The richest person in the world.
Who is Elon Musk?
(2nd is Jeff Bezos)
400
This individual went to jail (in 2009) for the largest Ponzi scheme in history. The fraud amount was estimated to be $64.8 billion. Who is this?
Who is Bernie Madoff?
*Thank you Wikipedia for the great headshot
400
When the interest rate remains the same throughout the loan.
What is a fixed interest rate?
500
In 2011, this protest occurred across the globe against economic inequality. It was named after Wall Street. What was the name of the movement?
Occupy Wall Street
500
In the long run, what is historically better as an investment: stocks or a home?
Stocks!
Homes and land have actually underperformed the stock market over the past century—significantly so. According to Yale University economist Robert Shiller, inflation-adjusted home prices rose an average of 0.6% a year from 1915 to 2015.
By contrast, the Dow Jones Industrial Average offered an average real total return of 6.8% a year during roughly the same period (1914–2014).
500
What is the most likely reason your budget fails.
What is failing to plan for emergencies and/or not being consistent.
500
A 25-year-old who invests $100 per month and sees that investment grow 6% per year will accumulate $138,000 by age 60. Which of the following scenarios would result in a similar portfolio balance?
A) A 35-year-old who invests $200 per month until age 60
B) A 45-year-old who invests $480 per month until age 60
C) A 55-year-old who invests $1,990 per month until age 60
D) All of the above
D. What is all of the above?
500
This company orchestrated a scheme to hide their debts on financial statements, appearing much more financially sound than they were. The findings resulted in the largest Chapter 11 bankruptcy in history and resulted in $11 billion in shareholder losses.
500
The main credit bureaus that calculate credit (name one of the three).
What are Experian, Transunion, and Equifax.