Investing Napkin Quiz

Respectively, what is an example of a very risky type of investment and what is an example of a very safe type of investment?

Cryptocurrency, savings account

What term describes a fractional piece of ownership in a company?

Stock

With just using your what, you can come up with a decent starting point for your asset allocation?

Age

True or false: Savings accounts make great long-term investments because they provide excellent growth.

False

What is the main investing asset(s)?

Stocks and bonds

What term describes a broker's obligation to act in the best interest of an investor?

Fiduciary duty

What term describes a way of personally sharing in the growth of the broader economy?

Investing

What term describes the main way of thinking about risk in terms of how much an investment swings in price?

Cryptocurrency, savings account ?

What term describes a strategy of spreading your money around with lots of different types of investments and can reduce the risk to your portfolio and smooth your returns?

Diversification

What term describes financial experts who help you manage your money?

Financial advisors