Financial IQ Test  
What is your financial IQ? Take this 8-question quiz to find out! If you don’t like the results, try again. You will be asked a different set of questions.
     


Determining total return typically utilizes the:

Inflation-adjusted annual performance of all mutual-funds.
Annual capital gain plus dividend payout of a stock or fund.
Math skills learned in college-level calculus courses.
Dividend yield on the Dow Jones Industrial Average.

A zero coupon bond:

Is sold at a discount to face value.
Is worthless.
Matures immediately.
Always has a call feature.

Technical analysis is a technique based on factors that are inherent to the market and include:

Number of shares sold on a specific day.
Number of consecutive days of price increases of a stock.
Changes in the direction of movement of a market index.
All of the above

Disability income insurance:

Can cover part of your lost income while you are disabled.
Pays medical expenses associated with a disability.
Should only be purchased by star athletes.
Is primarily for the unemployed.

A prudent investor:

Does not have to consider the tax effect of long-term gains.
Evaluates his/her investments on an after-tax basis.
Studiously avoids income-shifting among funds.
Knows that a drop in the dividend payout signals a stronger firm.

If you call your broker to purchase a "round lot" you are:

Buying a mutual fund of 100 different stocks.
Authorizing him/her to decide how many shares to buy.
Negotiating commissions on future purchases and sales.
Purchasing 100 shares of a specific stock.

A 35-year old individual with 4 young children and a spouse who doesn’t work should probably consider purchasing which of the following types of insurance:

Long-term care insurance.
Disability insurance.
Life insurance.
(b) and (c).

Long-term care insurance:

Is only for the very elderly.
Can help protect assets from the cost of a nursing home stay.
Is not necessary since Medicare always covers long-term care.
Is always available regardless of your past health history.

 
   
   
Krause Financial Group, LLP
111 St. Joseph Terrace Woodbridge , NJ 07095
Phone: 732-636-5881 Fax: 732-636-5813
www.krausefinancialgroup.com akrause@investmentctr.com gkrause@investmentctr.com

All securities offered through The Investment Center, Inc., Bedminster, New Jersey, Member FINRA SIPC (www.finra.orgwww.sipc.org). Advisory services provided through IC Advisory Services, Inc. - A Registered Investment Advisor. George Krause and Andre Krause are registered representatives of The Investment Center, Inc. – Krause Financial Group, LLP, Monique Luegger, Nicole Buono, and Roza Krause are not affiliated with the Investment Center, Inc. and IC Advisory Services, Inc. Tax preparation and accounting services are provided by Krause Financial Group, LLP. Such services are not affiliated with The Investment Center Inc. and IC Advisory Services, Inc.

 

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