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Dollars and Sense: Investing Challenge
by Staff
Do you know the ins and outs of investing and managing your retirement plan? Take the Investing Quiz and find out!

What kinds of companies typically sell over-the-counter (OTC) stocks?

  • smaller, riskier companies
  • bigger, safer companies
  • drug companies

Which of the following refers to a particular exchange where investors can buy and sell stock?

  • the Dow
  • NASDAQ
  • neither of the above

What do you call a market experiencing declining stock prices and higher unemployment?

  • a bull market
  • a bear market
  • a black market

What does "load" refer to in terms of mutual funds?

  • the percentage of your investments are considered low-yield and low-risk
  • the percentage of your investments are considered risky or "junk"
  • the sales charges added to a mutual fund when you purchase it

Which of the following plans doesn't involve paying taxes upon withdrawal of the funds?

  • Roth IRA
  • 401(k)
  • traditional IRA

Bonds are essentially:

  • a share of ownership in a company
  • a loan to a company
  • both of the above

When must you start withdrawing funds with a traditional IRA?

  • by age 59.5
  • by age 70.5
  • never -- there is no requirement.

What is the most popular precious metal to invest in?

  • gold
  • silver
  • platinum

In the 1980s, what did companies use to fund hostile takeovers?

  • junk bonds
  • pump and dump schemes
  • stock fraud

A popular investment scam that entails paying initial investors with the funds provided by later investors is called what?

  • promissory note scam
  • prime bank scam
  • Ponzi scheme