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.
Beta is commonly used as a relative measure of risk. It measures:Standard deviation of a stock’s price.The expected total returns of a diversified portfolio.The unsystematic risk component of an investment.The risk of a security or portfolio relative to the overall market.
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.
Gold may be a good investment if:Inflation is expected to increase.You like the color.World peace comes to pass.Foreign governments sell their gold reserves.
Disability income insurance:Can cover part of your lost income while you are disabled.Pays medical expenses associated with a disability.Should only be purchased by star athletes.Is primarily for the unemployed.
For most Americans, taxes are due on:January 1.April 1.April 15.December 31.
A zero coupon bond:Is sold at a discount to face value.Is worthless.Matures immediately.Always has a call feature.
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.