🎧 New: AI-Generated Podcasts Turn your study notes into engaging audio conversations. Learn more

Wealth Building and Insurance Strategies
10 Questions
1 Views

Wealth Building and Insurance Strategies

Created by
@AdventuresomeChrysoprase

Podcast Beta

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the best practice when it comes to building a fortune with crypto?

  • Investing in traditional assets (correct)
  • Investing solely in crypto
  • Investing in a mix of crypto and stocks
  • Investing in a mix of crypto and bonds
  • What is a good traditional buffer asset to stabilize your portfolio?

  • Real estate
  • Mutual funds
  • Cash value life insurance (correct)
  • Precious metals
  • What is the best way to get started with cash-value life insurance?

  • Speak to a financial advisor
  • Research online
  • Complete a course (correct)
  • Invest in a life insurance fund
  • What is one of the benefits of cash-value life insurance?

    <p>Fast and secure growth</p> Signup and view all the answers

    What is the most important thing to consider when using off-chain buffer assets?

    <p>The stability of traditional assets</p> Signup and view all the answers

    How long have cash-value life insurance carriers been performing?

    <p>Since the 1800s</p> Signup and view all the answers

    Which of the following is not a risk-minimizing feature of cash-value life insurance?

    <p>Protection from world wars</p> Signup and view all the answers

    What is the most reliable way to decrease your risk with crypto?

    <p>Investing in stablecoins</p> Signup and view all the answers

    What is the main purpose of traditional buffer assets?

    <p>To provide the most dependable returns</p> Signup and view all the answers

    What is one of the main benefits of crypto?

    <p>Excitement</p> Signup and view all the answers

    More Quizzes Like This

    Wealth Building and Financial Security Quiz
    10 questions
    Ethics in Investing
    23 questions

    Ethics in Investing

    FelicitousBromine avatar
    FelicitousBromine
    Wealth Building Basics: Compound Interest
    7 questions
    Other Routes to Building Wealth
    16 questions
    Use Quizgecko on...
    Browser
    Browser