1200 N Federal Hwy Ste 200 Boca Raton, FL 33432
Contact Us Now

1-561-997-8800

How much do you think you really know about money?

Maybe you said a lot, maybe you said a little, but let’s set a baseline by seeing if you can answer these three questions.

Question 1

Suppose you had $100 in a savings account and the interest rate was 2% per year. After 5 years, how much do you think you would have in the account if you left the money to grow?

 

  1. More than $102
  2. Exactly $102
  3. Less than $102

Question 2

Imagine that the interest rate on your savings account was 1% per year and inflation was 2% per year. After 1 year, you would be able to buy blank today with the money in this account.

 

  1. More
  2. Exactly the same as
  3. Less

Question 3

Do you think that the following statement is true or false? “Buying a single company stock usually provides a safer return than a stock mutual fund (MF) or a stock exchange traded fund (ETF).”

 

  1. True
  2. False

Get started with Nancy now!

It’s as easy as 1, 2, 3

We put quality research, service, and client satisfaction first

1200 N Federal Hwy Ste 200 Boca Raton, FL 33432
Contact Us Now

1-561-997-8800

Find me on: