Master the Art of Investing
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Questions and Answers

Which of the following is a key step to take before starting to invest?

  • Pick a Strategy and Stick with It
  • Understand Investing Risks
  • Get Your Finances in Order (correct)
  • Diversify your investments

    • What is the recommended amount to have in an emergency fund?

  • Three months of total living expenses
  • Six months of total living expenses (correct)
  • Two years of total living expenses
  • One year of total living expenses

    • How does the level of risk affect the potential return on an investment?

  • Higher risk leads to lower potential return
  • Higher risk leads to higher potential return (correct)
  • Risk and return are not related
  • Lower risk leads to higher potential return

    • Which of the following is a recommended strategy for long-term investing?

    <p>Diversify your investments and stick with your chosen strategy</p> Signup and view all the answers

    What is the recommended asset allocation for a long-term investment goal that is 5 to 15 years away?

    <p>50% to 60% in stocks and the rest in bonds</p> Signup and view all the answers

    What is the main advantage of using fintech in stock markets?

    <p>Makes data analytics more accessible</p> Signup and view all the answers

    What should you consider when hiring a financial advisor?

    <p>License, certifications, and education</p> Signup and view all the answers

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