Test Your Investment Knowledge

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Questions and Answers

What is the purpose of the scheduled maintenance on 13 Jul'22?

  • To conduct an upgrade on the system
  • To perform routine maintenance (correct)
  • To fix a major issue on the platform
  • To temporarily suspend all services

What is the recommended investment strategy for beginners?

  • Passive investing (correct)
  • Short-term investing
  • Tactical investing
  • Active investing

What is the classic 60/40 strategy?

  • 60% in cash and 40% in stocks
  • 60% in bonds and 40% in stocks
  • 60% in stocks and 40% in cash
  • 60% in stocks and 40% in bonds (correct)

What is the time-bucket strategy?

<p>A way to manage income during retirement (C)</p> Signup and view all the answers

What is CPF Life?

<p>A lifelong monthly payout (D)</p> Signup and view all the answers

What is the importance of understanding how to prioritize your goals?

<p>All of the above (A)</p> Signup and view all the answers

What is the purpose of legacy planning in Singapore?

<p>To manage assets after death (C)</p> Signup and view all the answers

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