Fintech
This app is famous for letting you pay friends back with emojis in the caption.
What is Venmo?
Roll a fair die. What’s the chance of landing on a 6?
What is 1/6 (about 16.7%)?
When you buy part ownership in a company, you’re buying this.
What is a stock (or share)?
The safest place to keep your money is usually this type of account at a bank.
What is a savings account?
HU Quant's President.
Kyle Nwosu
Apple’s mobile wallet where you can tap your phone to pay.
What is Apple Pay?
Flip a coin. What’s the chance of heads?
What is 50%?
The stock index that tracks 30 major U.S. companies.
What is the Dow Jones Industrial Average?
“Don’t put all your eggs in one basket” describes this investing strategy.
What is diversification?
The year Howard University was founded.
What is 1867?
The three-letter acronym for splitting a purchase into 4 payments, popular with Gen Z.
What is BNPL (Buy Now, Pay Later)?
If you expect to make $10 on average every time you play, that’s called this.
What is expected value?
The famous line graph that shows how a stock’s price changes over time.
What is a stock chart?
This four-letter slang word describes throwing your whole account balance on a risky trade.
What is YOLO?
"Man, I hate the Howard __________"
What is the Runaround
The digital coin created in 2009 that started the crypto craze. .
What is Bitcoin?
In stats, this value tells you how “spread out” your data is.
What is variance (or standard deviation)?
The slang term for when investors believe prices will keep rising.
What is a bull market?
The slang term Reddit investors use for holding onto a stock no matter what.
What is “diamond hands”?
Howard University’s mascot
What is a bison?
This green-colored app, owned by Block, is a Venmo rival and popular with younger users.
What is Cash App?
The risk-adjusted return metric popular on FinTok that’s “excess return per unit of volatility."
What is the Sharpe ratio?
When GameStop and AMC skyrocketed in 2021, it was called this.
What is a short squeeze?
The “set it and forget it” approach of investing the same dollar amount on a schedule regardless of price
What is dollar-cost averaging (DCA)?
The big Homecoming concert held on the Yard each fall
What is yardfest?