Fin Lit 101 Trader Edition

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Last updated 6:32 AM on 7/14/26
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5 Terms

1
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You buy a stock for $100 and sell it later for $120. What happened?

You made a $20 profit

2
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Which of these is generally considered the safest place to keep an emergency fund?

High-Yield Savings Account

3
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If you lose 50% of your account, how much does it have to gain to get back to where it started?

100%

4
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You make money trading during the year. Which statement is generally true?

Trading profits may be taxable

5
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