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.
     


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.

Investments in CDs:

Are riskier than investments in stocks.
Are inferior to investments in 8-tracks and vinyl records.
Are always tax deferred.
Are insured by the FDIC, but have generally underperformed stock investments over the long run.

If a mutual fund manager increases his/her cash position, it can be said:

The manager is anticipating a bear market.
The manager is anticipating a bull market.
The manager is trying to reduce the fund’s taxable gains.
The manager is aggressive.

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

Since the mid-1920s inflation in the United States has averaged:

About 3 percent.
About 7 percent.
About 10 percent.
About 12 percent

The strength of economic growth in the United States is reported as changes in the:

The Gross Domestic Product (GDP).
The National Association of Securities Dealers Index (NASDAQ).
The Dow Jones Industrial Average (DJIA).
The Wealth Index of Investments and Inflation (WIII).

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.

For most Americans, taxes are due on:

January 1.
April 1.
April 15.
December 31.

 
   
   
Financial Services by McBride Financial Services in Mesa, AZ for retirement, estate planning, and tax preparation.
5045 East Broadway Road Mesa, AZ 85206
Phone: (480) 830-6600 Fax: (480) 830-6603
dmcbride@mcbridefinancial.net

5045 E Broadway Road - Mesa, AZ 85206 - 480.830.6600 - Fax 480.830.6603 Registered Principal, Securities offered through Cambridge Investment Research, Inc. a Broker/Dealer, Member FINRA/SIPC to residents of: AL, MO, AZ, CA, CO, DE, FL, ID, MI, MT, NM, NV, SC, TN, UT, WA, WY. Investment Advisor Representative, Cambridge Investment Research, Inc., Registered Investment Advisor. Financial Planning offered through McBride Financial Services, Inc, a Licensed Investment Advisor. MFS and Cambridge are not affiliated.
Cambridge does not offer tax advice.