Quiz: Lesson 001
Now that you’ve completed the ‘Investing vs Trading’ lesson, let’s test your knowledge! We strongly recommend completing this quiz before moving on to the ‘An Overview of Investing’ lesson.
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Which of the following is an example of investing?CorrectIncorrect
Fill in the blank: Investing involves the allocation of resources such as time or money into something with the expectation that it will ____.CorrectIncorrect
What are key considerations when deciding if you’re an investor or trader? (Select all that apply.)CorrectIncorrect
By dragging and dropping the 2 boxes below, identify the examples of investing and trading.
Example #1: Roger buys gold bullion as part of his retirement plan. He plans on keeping it for several decades.
Example #2: Sophie opens a short position on a stock as she believes its price will decrease in the near future.
What’s the difference between investing and trading?CorrectIncorrect
Which of the following accurately describes trading? (Select all that apply.)CorrectIncorrect
Which characteristics are true about investing? (Select all that apply.)CorrectIncorrect
True or false? Cryptocurrencies are an attractive option for investors due to their opportunity to deliver high returns over shorter periods, but with this high level of opportunity comes high risk.CorrectIncorrect
True or false? Many people are unaware of the amount of skill, patience and emotional intelligence required to become a profitable trader.CorrectIncorrect