Question 23 A) Lee is thinking about stashing some of his savings in a

Question 23 A) Lee is thinking about stashing some of his savings in a short-term investment, but he doesn’t want to invest if a minimum amount is required. Which is his BEST option? (1 point) Responses savings account savings account money market account money market account certificate of deposit certificate of deposit treasury bills treasury bills

11 answers

money market account

Question 24 A) Jamaal is considering what to do with his savings, and in particular, he’s interested in making some long-term investments. Which investment might he consider? (1 point) Responses savings savings bonds bonds money market deposits money market deposits CDs CDs

bonds

Question 25 A) Clark has enough money in personal savings to consider investing, but because of college, he will need to have access to it in the short term. Which investment might he consider? (1 point) Responses 401(k) 401(k) T-bills T-bills bonds bonds Roth IRA

T-bills

Question 26 A) Which phrase is associated MOST closely with equities? (1 point) Responses money markets money markets municipal bonds municipal bonds stock dividends stock dividends debt investments debt investments

stock dividends

Question 27 A) Which form of investment is considered to offer the most potential growth over a longer time period? (1 point) Responses real estate real estate bonds bonds savings accounts savings accounts equities equities

equities

Question 28 A) Which phrase typifies the financial advice offered to young people to begin building wealth? (1 point) Responses “Start saving early!” “Start saving early!” “Borrow money when you are young.” “Borrow money when you are young.” “Consider your home as an investment.” “Consider your home as an investment.” “Don’t stop dreaming!” “Don’t stop dreaming!”

“Start saving early!”