General
What is Crypto?
A type of virtual currency that is unregulated by any government
Can you beat the market?
NO
What is a stock?
Partial ownership in a company
What is a startup?
A new business that is just starting out
Cleopatra wasn’t actually Egyptian, what ethnicity do historians believe she was?
Greek! She was a descendant of Alexander the Great's Macedonian general, Ptolemy.
What is Inflation?
The general increase in the price of goods over time
Complete this phrase "the higher the risk, the higher the ______"
Reward
What is investing?
Buying assets to either make money or have the money grow over time
What is a Penny Stock?
A stock trading at less than $5 a share (with a low amount of stocks [comparatively] in supply)
How many cities did Alexander the Great name after himself?
Over 70 - most of which were named Alexandria
How does inflation relate to investing?
You need to AT LEAST beat inflation
What is a mutual fund?
A group of stocks, bonds, ETFs, just about anything you can invest in
The most important rule in investing is ________
Diversify
What is an example of a high risk investment?
Crypto, Penny Stock or Startup
How tall was Napoleon
5'6"
What is the Rule of 72?
You take 72 divided by the % return and that is the number of years it will take for your investment to double
What is Risk?
The potential for loss in a given investment
What are the three major goals of investing?
Save for retirement, emergencies, and future plans
What is a "Pump and Dump" Scheme?
An investor buys a stock and then convinces others to buy it, driving up the price. When the price peaks, the investor sells all their shares, leaving the people they convinced to buy the stock with worthless shares
How long was the shortest war in history?
The Anglo-Zanzibar War lasted only 38 minutes - it was fought between the United Kingdom and the Sultanate of Zanzibar on August 27, 1896
What is the rate of return you typically want on investments?
7% annually
What is Risk Tolerance?
The ability or comfortableness someone has with loss
What % of your income should you save each year to be ready for retirement?
10% to 15%
What is the probability that a startup will fail in the first 10 years?
65%
What Roman Emperor tried to make his horse a Roman Senator?
Caligula - while it was believed at the time the emperor was going insane (which he later did), historians believe this was actually a joke the emperor played on the other senators saying that the emperors horse (named Incitatus) could do a better job than the current senators could.