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.
     


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.

The term generally used to describe the market in which prices fully reflect all available information is:

The greater fool hypothesis.
Random walk hypothesis.
The size-effect hypothesis.
Efficient markets hypothesis.

The P/E ratio:

Is the same for all firms in a given industry.
Does not change over time.
Is typically higher for firms whose earnings are expected to grow rapidly.
Is the same as the dividend yield.

A prudent investor:

Does not have to consider the tax effect of long-term gains.
Evaluates his/her investments on an after-tax basis.
Studiously avoids income-shifting among funds.
Knows that a drop in the dividend payout signals a stronger firm.

The highest denomination of U.S. currency is:

The $20 bill
The $100 bill
The $1,000 bill
The $100,000 bill

Junk bonds:

Are bonds issued by junk yards.
Are sometimes called "high yield bonds."
Are less risky than government bonds.
Are not actually bonds.

A 35-year old individual with 4 young children and a spouse who doesn’t work should probably consider purchasing which of the following types of insurance:

Long-term care insurance.
Disability insurance.
Life insurance.
(b) and (c).

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.

 
   
   
SagePoint Financial, Inc.
412 S. 14th Street Ponca City, OK 74601
Phone: 580 762 1121
Toll Free: 800 352 3890
Fax: 580 718 0626
www.bivinandassociates.com sbivin@bivinandassociates.com

*Securities offered through SagePoint Financial, Inc., Member FINRA/SIPC. This communication is strictly intended for individuals residing in the states of AR, AZ, CA, CO, FL, GA, IL, KS, LA, MO, NE, NJ, NM, ND, OK, OR, TX, and WY. No offers may be made or accepted from any resident outside the specific state(s) referenced.

Investment advisory services offered through Bivin & Associates a registered investment advisor not affiliated with SagePoint Financial.


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