Stock Education Quiz Answers

How well is your basic understanding of the stock market? Yesterday we posted a simple stock education quiz that was 10 questions focusing on some basic market concepts and people.

If you haven’t taken it yet be sure to view the questions without the answers before looking at the answers below. After viewing the answers please share your thoughts as to what you thought of the quiz overall. Would you like to see another in the future?

1. What is the ticker symbol of Apple?
AAPL
2. What company does Warren Buffett own?
Berkshire Hathaway
3. True or False, 75% of stocks follow the overall market trend.
True
4. What is the nickname / proper name used to describe currency trading?
Forex Trading
5. Who is the CEO of Microsoft?
Steve Ballmer
6. What is the name of the current Federal Reserve Chairman?
Ben Bernanke
7. If each share is $100, how many shares could I buy with $1,000,000 dollars?
10,000 shares
8. True or False, Options Trading is the most volatile form of investing.
False, Forex Trading is the most volatile with an entry leverage being 200:1. Second is Futures trading which is known to have up to 50:1 leverage
9. Name one form of a retirement account.
401(k), 403(b), Roth IRA, Traditional IRA, SEP IRA, Simple IRA, Self-Directed IRA are all retirement accounts
10. Fill in the blanks with either “Down” or “Up”.  A bull believes that the market is going to go _____ while a bear believes the market is going to go _____.
Up, Down

If you didn’t get 100% there is no need to worry, that is completely expected unless you have been investing for a while. From the feedback that has already been received the average results are about 5/10 correct. The best way to expand your stock education is to subscribe to the feed, simple as that.

More on this topic (What's this?)
Stephen Roach Needs to Read the Fed's Website (naked capitalism, 10/28/08)
WSJ: Fed Expands Liquidity Facilities to Include Equities (naked capitalism, 9/14/08)
Ben Bernanke: The Little Dutch Boy (Credit Writedowns, 8/25/08)
Read more on Traditional IRA, Federal Reserve at Wikinvest

Discuss this post in the StockTradingToGo Forum or email us.

Subscribe To StockTradingToGo.com

Receive our investment research for free to your mailbox. More stock tips, picks, news and more. Just enter your email below:


-- Posted by Blain Reinkensmeyer on August 29, 2008 at 6:09 pm --

Related Posts:

Comments on "Stock Education Quiz Answers" are closed unless our forms appear below.
Comment by Matt
2008-08-31 22:27:58

Great quiz Blain, keep them coming!

Reply to this comment
Comment by rhinodude47
2008-08-31 22:33:18

agreed

Reply to this comment
 
 
Comment by rhinodude47
2008-08-31 22:34:22

Blain perhaps next time design a quiz more specific to a specific topic. Something similar to the old quizzes you had would be great. cool

Reply to this comment
 
Comment by MininfOilGasGuru
2008-09-01 14:49:39

That was fun, nice quiz…Look forward to more.

Reply to this comment
 
Comment by Bobtrader67
2008-11-29 22:52:06

Hey, that was fun, I also found a cool quiz, it is on my website, gives you a free profile and trading style, check it out.

Reply to this comment
 
Name (required)
E-mail (required - never shown publicly)
URI
Subscribe to comments via email
mrgreen neutral arrow idea ? ! -) roll twisted evil cry oops razz mad lol cool ??? shock eek sad smile grin
Your Comment (smaller size | larger size)
You may use <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong> in your comment.