Facts About Wall Street
Length of wall street (in blocks)
What is 8 blocks?
Name 2 types of investment
What is Stocks, Bonds, Mutual Funds, etc?
Define a corporation
What is A specific legal form of business that has a board of directors and shareholders. While most people assume only big business are corporations, businesses of all sizes are incorporated.
Name of real-life stockbroker portrayed in the movie "The Wolf of Wallstreet"
Who is Jordan Belfort?
Year of infamous wall street crash of the 20th century
What is 1929?
Explain how bonds work
Definition must be similar to the following:
Bonds are issued by governments and corporations when they want to raise money. By buying a bond, you're giving the issuer a loan, and they agree to pay you back the face value of the loan on a specific date. They pay you periodic interest payments along the way, usually twice a year.
Define a board of directors
What is A group of people selected by the shareholders to provide oversight to a corporation.
Estimated net worth of Jordan Belfort at his peak
What is $90 million?
Trading in wall street begins at what time
What is 9:30am?
Difference between high vs low risk investments in terms of profit
The response must be similar to the following:
High-risk, high-return investments come with a high percentage chance of loss of capital or underperformance, while low-risk investment options come with a relatively small chance of a devastating loss.
define shareholders
what is individuals who own “shares” or “stocks” in a corporation. They are the legal owners of the corporation and may also be known as “stockholders”.
How long was the first cut of the wolf of wall street film (in hours)?
What time does the closing bell ring on wall street?
What is 4pm?
What is a hedge fund
What is a ...
a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction and risk management techniques in an attempt to improve performance, such as short selling, leverage, and derivatives
Gross profit of wolf of wall street film (in hundred millions)
What is almost $400 million
($392 Million)
Address of NY Stock Exchange
What is 11 Wall St, New York, NY 10005?
Difference between 401k and Roth IRA
Response must be similar to the following:
The main difference between a Roth IRA and 401(k) is how the two accounts are taxed. With a 401(k), you invest pretax dollars, lowering your taxable income for that year. But with a Roth IRA, you invest after-tax dollars, which means your investments will grow tax-free.
Explain how a person buys shares in a public vs private corporation
What is...
Some corporations are publicly-owned and some are privately-owned. Publicly-owned stock is bought and sold through organized systems called stock markets; privately-owned stock is bought and sold by the company itself.
How much was Leonardo DiCaprio Paid For upfront in ‘The Wolf Of Wall Street’?
What is $25 million?