Financial IQ Test  
What is your financial IQ? Take this 8-question quiz to find out! If you don’t like the results, try again. You will be asked a different set of questions.
     


If you call your broker to purchase a "round lot" you are:

Buying a mutual fund of 100 different stocks.
Authorizing him/her to decide how many shares to buy.
Negotiating commissions on future purchases and sales.
Purchasing 100 shares of a specific stock.

The number of stocks that make up the Dow Jones Industrial Average is:

5,000.
500.
30.
10.

A benchmark asset, commonly considered by investors to be risk-free:

Treasury Bill (T-Bill).
Share of preferred stock.
A Eurobond
A junk bond.

Long-term care insurance:

Is only for the very elderly.
Can help protect assets from the cost of a nursing home stay.
Is not necessary since Medicare always covers long-term care.
Is always available regardless of your past health history.

Dividends are taxed:

At the investor’s marginal income tax rate.
At a maximum rate of 15%.
Only when the stock is sold.
Dividends are never taxed.

For tax purposes, a capital gain is considered long term if the investment was held more than:

1 day.
1 month.
1 year.
10 years.

Of the following, the safest type of investment is:

Under the mattress.
An FDIC-insured CD.
An international growth mutual fund.
An Internet stock.

The financial pyramid implies that:

An investment near the top of the pyramid has a higher potential return, but also carries higher risk.
Egyptian pharoahs were astute investors.
Eating nutritious meals from the "food pyramid" will make you a better investor.
"Pyramid" or "Ponzi" schemes are good investments.

 
   
   
Storm Fischer Investment Group LLC
16655 W. Wisconsin Ave. Suite 105 Brookfield, WI 53005
Phone: 262-796-8400 Fax: 262-796-8410

Storm Fischer Investment Group LLC 

16655 W. Wisconsin Avenue  Suite 105  Brookfield, WI   53005   

262-796-8400

Securities and Advisory services offered through SII Investments, Inc. , Member FINRA, SIPC and a Registered Investment Advisor.  Storm Fischer Investment Group, LLC and SII are separate companies.


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