Dave Ramsey Finance Chapter 12 Test |37 Questions| With Correct Answers.

When riding in highs and lows of the stock market, remember... A. You can't go wrong when investing money into stocks. B. It will level out, so stick with it! C. It's unpredictable and risky. You should pull your money out and steer clear. D. The S&P isn't a reliable source when it comes to navigating the growth and decline of stocks. {Ans: B}Certificates of deposit and money market accounts are both examples of investments with ____ risk and ____ return. A. Low; low B. Low; high C. High; high D. High; low {Ans: B}____ is key when it comes to compound growth. A. Time B. Money C. Attitude D. Roth IRA {Ans: A}If you're over the age of ___, you need a will. A. 14 B. 29 C. 18 D. 60 {Ans: B}Investing your money earns you more money because of... A. Checking accounts B. Mortgage payments C. Compound growth D. Short-term savings {Ans: C}What are the keys to building wealth through investments? {Ans: make, save and invest money}