Test your knowledge of some of the most important news stories involving money. This week, see if you know whether or not men take more investing risks than women, how much money the NFL makes, and how old you need to be to open a bank account.
Find out in the 7 questions below:
Football’s back! What was the NFL’s estimated total revenue in 2017?
It’s estimated that the NFL brought in $14 billion in revenues last year—though that’s only an estimate because it’s a private organization and isn’t required to report sales.
You just got a new job! What should you consider NOT doing?
First order of business when you get a new job? Create a budget. Buying a car probably shouldn’t be on your list—at least, not at the top of it.
Do men make riskier investments on average? Why?
Men and women tend to have similar risk profiles when investing, according to an analysis by the Stash data team. Interestingly, women tend to see themselves as more conservative investors, but in practice, they’re not.
Which of the following is NOT a rule concerning custodial accounts?
A custodian does not have any actually custodial duties when it comes to custodial accounts—at least not in a sense that they have to act as a janitor. They do, however, have responsibilities over the actual savings account.
Read more: How to Save For Your Kids’ Future
What is true about a portfolio containing only one investment?
If your portfolio has only one investment, it is not diversified. In fact, there’s nothing diverse about it at all. A portfolio with numerous bonds, stocks, and funds, on the other hand, is likely to be well-diversified.
What percentage of American workers are actively “disengaged” while at work—or, in other words, are bored out of their minds?
If you’re bored at work, you’re not alone. Industry data indicates that the vast majority—85%—of American workers are “disengaged” on the clock.
How old do you have to be to open a bank account, on your own, at most financial institutions?
At most banks, you have to be 18 to open your own account. Otherwise, you’ll need an adult co-signer, or co-owner, to open it with you.
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*The results of this quiz does not imply any level of skill or training on the part of any customer. The content of this quiz is for educational purpose only.