7 Questions
Which of the following is a key step to take before starting to invest?
Get Your Finances in Order
What is the recommended amount to have in an emergency fund?
Six months of total living expenses
How does the level of risk affect the potential return on an investment?
Higher risk leads to higher potential return
Which of the following is a recommended strategy for long-term investing?
Diversify your investments and stick with your chosen strategy
What is the recommended asset allocation for a long-term investment goal that is 5 to 15 years away?
50% to 60% in stocks and the rest in bonds
What is the main advantage of using fintech in stock markets?
Makes data analytics more accessible
What should you consider when hiring a financial advisor?
License, certifications, and education
Learn the essential steps to start investing and secure your financial future. This quiz will guide you through getting your finances in order, understanding investment risks, setting investment goals, choosing a strategy, diversifying your investments, and adopting a long-term approach. Take the quiz now and gain the knowledge you need to begin your investment journey.
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