What popular line dance that originated in Detroit and is known for its bold, strong, and hard-hitting moves.
The Detroit Hustle
What do you call when a pool of investors put their money together to buy stock
Mutual Fund
Who painted the famous artwork “The Last Supper”?
Leonardo da Vinci
Who sings the song "Yucky Blucky Fruitcake"
Doechii
Who is the coach of the boys JV baseball team here at CHS?
Name 2 websites where you can find out how stocks are priced daily?
CNBC, Yahoo Finance, Bloomberg, E*Trade, Fidelity, Fox Business etc.
Name 2 "Cons" or bad things about buying stocks?
Risky, Volatile, Need Money to start, Corporate hanky panky (fake numbers)
Which retirement account - if you withdraw money out BEFORE the age of 59 1/2?
Traditional IRA, SEP IRA
What retirement account is made up of the employer and employee
401K
Name one company where you can open an brokerage account for free and trade shares for free?
E*Trade, Ameritrade, Fidelity, Charles Schwab, Morgan Stanley
Which stock market exchange ONLY LISTS technology companies?
NASDAQ
Before founding Facebook, Mark Zuckerberg created a website that allowed users to compare the attractiveness of two people side by side. What was the name of this website?
Facemash?
EPS = Net Income / Shares
Apple reported over $3,500,000 in income last year and had 350,000 shares outstanding. What is there EPS? You got 10 seconds?
EPS = $10
If you bought Tesla and sold it 6 months later, what capital gains tax rate will you pay?
Short Term - Individual Income Tax Bracket Rate
What type of stocks should you buy when the overall economy is doing very bad and losing money? These stocks are NOT affected by the business cycle?
Defensive Stocks
Who is the greatest stock investor to ever live? Mr. Jackson talks about him a lot?
Warren Buffett, Berkshire Hathaway Inc.
On the NYSE how many symbols can a company have for their stock symbol?
Up to 4 letters
Which stock index tracks the smaller 2000 stock companies?
Name the 3 type of BROKERAGE Accounts one can open to buy/sell stocks?
Custodial Account - minor under 18 years of age
Individual Account
Joint Account
Many companies require employees to work a specific length of time before they are entitled to keep the company match.
Vested
Which exchange ONLY LISTS Exchange Traded Funds - ETF and smaller companies?
NYSE American
What do you call this scenario?
Dollar Cost Averaging
CVS had a 3 for 1 stock split
Matt had 60 shares of CVS stock, valued at $60 per share. What is the new stock price and how many shares will Matt have now?
Matt has 180 shares at $20 per share = $3,600
Asset Allocation
What formula do you use to determine what % we would put in Stocks, Bonds and Real Estate?
100 minus Age
Name the 4 options for 401k or 403(b) money if a person leaves the company
Leave it with the company
Cash out
Transfer to another retirement account
Transfer to the new company