© 2012 Regents of the University of Minnesota. All...

© 2012 Regents of the University of Minnesota. All rights reserved.

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Growing

Money

Making $

Work for

You

Investing

Income

Investments

Growth

Investments

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Team One

Team Two

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Team Three

Team Four

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Team Five

Team Six

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Growing Money

Question for 5 Points

What is the relationship among time, money, and rate of return?

Show Answer

Growing Money

Answer for 5 Points

Time Value of Money.

Back to Board

Growing Money

Question for 10 Points

What is the rise in the cost of goods and services over time, decreasing the spending

power of the dollar?

Show Answer

Growing Money

Answer for 10 Points

Inflation.

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Growing Money

Question for 15 Points

What is it called when you earn interest on interest?

Show Answer

Growing Money

Answer for 15 Points

Compounding or compound interest.

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Growing Money

Question for 20 Points

What is the formula to figure out how long it will take

to double your money?

Show Answer

Growing Money

Answer for 20 Points

Rule of 72.

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Growing Money

Question for 25 Points

What are the three elements of the ‘Time

Value of Money’?

Show Answer

Growing Money

Answer for 25 Points

Time, money and rate of return.

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Making $ Work for You

Question for 5 Points

What do most people do to meet short term goals?

Show Answer

Making $ Work for You

Answer for 5 Points

Save.

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Making $ Work for You

Question for 10 Points

What is it called when you set money aside for longer-term goals?

Show Answer

Making $ Work for You

Answer for 10 Points

Investing.

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Making $ Work for You

Question for 15 Points

How do you reduce investment risk by putting money in several different types of investments?

Show Answer

Making $ Work for You

Answer for 15 Points

Diversify investments.

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Making $ Work for You

Question for 20 Points

What is the practice of investing a fixed amount of money in the same investment at regular intervals, regardless of what the market is doing?

Show Answer

Making $ Work for You

Answer for 20 Points

Dollar cost averaging.

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Making $ Work for You

Question for 25 Points

Name two reasons why saving and investing are important to your financial plan.

Show Answer

Making $ Work for You

Answer for 25 Points

(Answers will vary)

• To achieve goals

• To be less tempted to spend

• To have money make money

• Etc.

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Investing

Question for 5 Points

What is the uncertainty that the anticipated return in an investment will occur?

Show Answer

Investing

Answer for 5 Points

Risk.

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Investing

Question for 10 Points

What is the portion of the profits paid to the shareholders of a company?

Show Answer

Investing

Answer for 10 Points

Dividends.

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Investing

Question for 15 Points

What is the difference between the purchase price and selling price when an investor buys a stock and sells it later at a higher price?

Show Answer

Investing

Answer for 15 Points

Capital gains.

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Investing

Question for 20 Points

What is the percentage of gain or loss on an investment over a period of time?

Show Answer

Investing

Answer for 20 Points

Rate of return.

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Investing

Question for 25 Points

What is the difference when an investor ends up selling a stock at a lower price than the purchase price?

Show Answer

Investing

Answer for 25 Points

Capital loss.

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Income Investments

Question for 5 Points

What type of an account at a financial institution helps you accumulate and save money and earn a small amount of interest at the same time?

Show Answer

Income Investments

Answer for 5 Points

A savings account.

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Investing

Question for 10 Points

A formal agreement where you lend money to the federal government who uses the money for a set period of time. In exchange, you, as the lender, get paid a specific

amount of interest .

Show Answer

Income Investments

Answer for 10 Points

A U.S. savings bond.

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Income Investments

Question for 15 Points

What is a bank or credit unions’ version of a savings bond?

Show Answer

Income Investments

Answer for 15 Points

Certificate of Deposit

(CD).

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Income Investments

Question for 20 Points

This type of asset can be converted into cash quickly and with minimum impact to the price received.

Show Answer

Income Investments

Answer for 20 Points

A liquid asset.

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Income Investments

Question for 25 Points

What is the profit from an investment?

Show Answer

Income Investments

Answer for 25 Points

Yield.

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Growth Investments

Question for 5 Points

What type of investment makes the investor a part owner of a company?

Show Answer

Growth Investments

Answer for 5 Points

A stock.

Back to Board

Growth Investments

Question for 10 Points

This type of investment involves items that are relatively rare in number, such as paintings, sculptures, other art, baseball cards, antiques, etc.

Show Answer

Growth Investments

Answer for 10 Points

Collectibles.

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Growth Investments

Question for 15 Points

This type of investment involves buying property, such as land or buildings, and hoping to generate a profit.

Show Answer

Growth Investments

Answer for 15 Points

Real estate.

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Growth Investments

Question for 20 Points

This investment security is a diversified portfolio of equities, bonds, or other securities. Investors purchase shares and can sell them at any time.

Show Answer

Growth Investments

Answer for 20 Points

Mutual funds.

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Growth Investments

Question for 25 Points

The investments at the top of the Financial Planning

Pyramid have what type of risk and what type of earning potential?

Show Answer

Growth Investments

Answer for 25 Points

High risk and high earning potential.

Back to Board

Show Question

“Big Points”

Question

Using the Rule of 72 – how many years would it take to double your money if you earned

9% interest?

Show Answer

Big Points

Answer

8 years.

Back to Board

Big Board Facts

© 2010 Jeff Ertzberger

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Some images have been modified from original version.

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This presentation was adapted February 2014 by Lori Hendrickson,

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