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Quiz for High School Students

1. The New York Stock Exchange is located in ___________________ .
2. Where is the NASDAQ stock market located? 
        1.  Nasdaq, PA 
        2.  London, England 
        3.  Cyberspace
3. True or False: Internet email or chat rooms are generally a reliable and good source of information and stock tips for investors.
4. Which of these factors is most important in making the stock market go up? 
        1.  The President's economic policy. 
        2.  The team that wins the Superbowl. 
        3.  General economic conditions. 
        4.  A new software product from Microsoft.
5. Overall, which is the best source of investment news and information? 
        1.  Your parents. 
        2.  Anonymous email. 
        3.  A stock market chat room. 
        4.  The Wall Street Journal.
6. How old do you have to be to own stock? 
        1.  12 years old. 
        2.  18 years old. 
        3.  21 years old. 
        4.  A college graduate. 
        5.  None of the above.
7. If you are in your 20's, based on historical performance, which is the best long-term investment? 
        1.  A bank certificate of deposit. 
        2.  An antique car. 
        3.  A house. 
        4.  A growth mutual fund.
8. A higher rate of return on an investment means greater risk. 
        1.  True 
        2.  False 
        3.  Don't know
9. When an investor diversifies his/her investments, does the risk of losing the money increase or decrease? 
        1.  Increase 
        2.  Decrease 
        3.  Don't know
10. If you bought a mutual fund through a bank and it lost money, will bank insurance cover your losses? 
        1.  Yes 
        2.  No 
        3.  Don't know
11. Can a day trader trade at night? 
        1.  Yes 
        2.  No 
        3.  Sometimes
12. In the financial world, what does SEC stand for? 
        1.  Southeastern Conference 
        2.  Securities & Exchange Commission 
        3.  Sales Equal Commission 
        4.  Sales & Equity Committee
13. If you're thinking about becoming a stockbroker, what do you have to do? 
        1.  You need to pass a state and industry exam. 
        2.  You need a web page. 
        3.  You need to know someone on Wall Street. 
        4.  You need to be able to talk really fast.
14. How do you check out the background of a broker? 
        1.  Go to their house and interview their neighbors. 
        2.  Ask for references and talk to your friends. 
        3.  Call your state securities regulator. 
        4.  Call the Commodity Futures Trading Commission. 
        5.  Answers 1 & 2.
15. If you want personalized investment advice, where are you most likely to get it? 
        1.  An on-line brokerage firm. 
        2.  Full service brokerage firm. 
        3.  Discount brokerage firm.

Answers:

1. The New York Stock Exchange is located in New York City.
2. Where is the NASDAQ stock market located? 
        1. Nasdaq, PA 
        2. London, England 
        3. Cyberspace
3. True or False: Internet email or chat rooms are generally a reliable and good source of information and stock tips for investors.
4. Which of these factors is most important in making the stock market go up? 
        1. The President's economic policy. 
        2. The team that wins the Superbowl. 
        3. General economic conditions
        4. A new software product from Microsoft.
5. Overall, which is the best source of investment news and information? 
        1. Your parents. 
        2. Anonymous email. 
        3. A stock market chat room. 
        4. The Wall Street Journal.
6. How old do you have to be to own stock? 
        1. 12 years old. 
        2. 18 years old. 
        3. 21 years old. 
        4. A college graduate. 
        5. None of the above.
7. If you are in your 20's, based on historical performance, which is the best long-term investment? 
        1. A bank certificate of deposit. 
        2. An antique car. 
        3. A house. 
        4. A growth mutual fund.
8. A higher rate of return on an investment means greater risk. 
        1. True 
        2. False 
        3. Don't know
9. When an investor diversifies his/her investments, does the risk of losing the money increase or decrease? 
        1. Increase 
        2. Decrease 
        3. Don't know
10. If you bought a mutual fund through a bank and it lost money, will bank insurance cover your losses? 
        1. Yes 
        2. No 
        3. Don't know
11. Can a day trader trade at night? 
        1. Yes 
        2. No 
        3. Sometimes
12. In the financial world, what does SEC stand for? 
        1.  Southeastern Conference 
        2. Securities & Exchange Commission 
        3. Sales Equal Commission 
        4. Sales & Equity Committee
13. If you're thinking about becoming a stockbroker, what do you have to do? 
        1. You need to pass a state and industry exam
        2. You need a web page. 
        3. You need to know someone on Wall Street. 
        4. You need to be able to talk really fast.
14. How do you check out the background of a broker? 
        1. Go to their house and interview their neighbors. 
        2. Ask for references and talk to your friends. 
        3. Call your state securities regulator. (Nevada Seurities (800) 758-6440)
        4. Call the Commodity Futures Trading Commission. 
        5. Answers 1 & 2.
15. If you want personalized investment advice, where are you most likely to get it? 
        1. An on-line brokerage firm. 
        2. Full service brokerage firm. 
        3. Discount brokerage firm

Last updated: 2/19/2010 11:24:27 AM