1. Where to keep your money safely

2. Are you a risk-taker? 1.When it comes to making the best choice, my luck has been: A.Rotten B. Average C.Better than average D. Terrific 2.Most of the good things that have happened to me have been because: A.I planned them B.I was able to exploit opportunities that arose C.I was in the right place at the right time D.Someone looks out for me

3. Are you a risk-taker? 3. If a stock doubled in price five months after I bought, I would: A.Sell all my stock B. Sell half my stock C.Sit tight D. Buy more 4.Making decisions about saving and investing on my own is something that I: A.Never do B. Occasionally do C.Often do D. Almost always do

4. Are you a risk-taker? 5. If my boss were to tell me to do something at work that I know is a bad idea, I would: A.Say directly that it was a mistake B.Get co-workers to join me in opposing the idea C.Do nothing unless the boss brings it up again D.Do it anyway

5. Are you a risk-taker? 6. For me to put 10% of all of my savings & belongings into a new venture that has a 75% chance of success, the potential profit would have to be at least: A.The same as the amount I had risked in investing in the venture B.Three times the amount C.Five times the amount D.No amount would be worth the risk

6. Are you a risk-taker? 7. When I see people involved in sports such as hang gliding or bungee jumping, I: A.Think they are idiots B.Admire them, but would never participate C.Wish I could try such sports just once D.Think seriously about participating myself

7. Are you a risk-taker? 8. If I held a finalist ticket in a lottery with a 1 in 5 chance of winning the $50,000 prize, the smallest amount I would consider selling my ticket for before the lottery drawing would be: A.$30,000 B.$17,000 C.$13,000 D.$10,000

8. Are you a risk-taker? 9.In the past, I have spent $10 on one or more of the following activities: bet on my own recreational activities such as golf or poker, or bet on professional sports. (Choose the one that best applies) A.I have done two or more of these in the past year B.I have done one of these in the past year C.I have done one of these a few times D.I have never done any of these

9. Are you a risk-taker? 10. If I had to make a critical decision involving a large amount of money, I would probably do one or more of the following (circle all that apply): A.Delay the decision B.Have someone else make the decision for me C.Ask others to share in the decision D.Plan strategies that would minimize any lose

10. Are you a risk-taker scoring For questions 1, 3, 4: A = 1 pointB = 2 points C = 3 pointsD = 4 points For questions 2, 6, 8, and 9: A = 4 pointB = 3 points C = 2 pointsD = 1 points Question 5 & 7, not associated with investment risk For question 10 Count the number you circled and subtract that number from 5. That is your score

11. Are you a risk-taker? 8 to 16 points: Conservative investor; you are willing to take a few risks 17 to 24 points: Average investor; you are willing to take average risks 25 to 32 points: Aggressive investor; you are willing to take greater-than-average risks

12. Where you can keep your $ at the bank Safety Deposit Box A fireproof metal strongbox (usually in a bank) for storing valuables Saving Accounts A bank account that earns interest Checking Accounts An account where the holder can write checks Pay less interest than savings accounts, or none at all

13. Other accounts at the bank Certificate of Deposit Time deposit, which is insured, with a specific, fixed term, and, usually, a fixed interest rate At Chase - $1,000 minimum deposit CD Term – APY: 6 to 12 Month =.25% 18 to 24 Month =.50% 36 Month = 1.01% Money Market Deposit account, relatively high rate of interest, requires a higher minimum balance to earn interest or avoid monthly fees

14. Secure places from the US TreasuryUS Treasury Treasury Bills Short-term securities (few days to 1 year) Sold at a discount from face value Treasury Notes Interest every 6 months, Maturities in 2, 3, 5, 7, & 10 years Treasury Bonds Interest every 6 months, Mature in 30 years I Savings Bonds & EE/E Savings Bonds Earn interest protected / based on interest & market

15. Precious Metals & Stones Silver: $28.94 per ounce 1 st Tri $18.68 per ounce Gold: $1,392.38 per ounceGold 1 st Tri $1,244.69 per ounce

16. Shop for a bank Alone or with partner, look up information about banks Complete Financial Portfolio Worksheet & answer the questions Note: If do not want to show my your Net Worth ask for a second copy and only answer the questions on the one you will turn in

17. Net Worth Example ItemValue Liquid Assets Checking accounts$2,000 Savings accounts$5,000 Money Market account$5,000 Other Assets (Personal Possessions of value) Investments Mutual Funds$10,000 Jewelry$6,000 Video Games & System$500 Car$1,000 Total Assets$29,500 Liabilities House$10,000 Total Liabilities$10,000 NET WORTH = (Assets – Liabilities) $19,500