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.
     


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.

Junk bonds:

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

Since the mid-1920s inflation in the United States has averaged:

About 3 percent.
About 7 percent.
About 10 percent.
About 12 percent

Dividends are taxed:

At the investor’s marginal income tax rate.
At a maximum rate of 15%.
Only when the stock is sold.
Dividends are never taxed.

Mortgage payments:

Can be completely deducted from income for tax purposes.
Vary from month to month on a fixed rate loan.
Represent high principal payments early in the term of the loan.
Are typically tax deductible to the extent that they represent payment of interest.

The highest denomination of U.S. currency is:

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

The strength of economic growth in the United States is reported as changes in the:

The Gross Domestic Product (GDP).
The National Association of Securities Dealers Index (NASDAQ).
The Dow Jones Industrial Average (DJIA).
The Wealth Index of Investments and Inflation (WIII).

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.

 
   
   
Woodbury Financial
2300 Cabot Dr, Suite 325 Lisle, IL 60532
Phone: 630-536-1006
Toll Free: 800-528-5918
Fax: 630-536-1030
marc.sweda@woodburyfinancial.com
Securities and Investment Advisory Services offered through Woodbury Financial Services, Inc., Member FINRA, SIPC, and Registered Investment Adviser, 2300 Cabot Drive, Suite 325, Lisle, IL 60532 (630)536-1006

Securities offered only where licensed to do business. Currently licensed in AR, AZ, CA, CO, DE, DC, FL, GA, IL, IN, IA, KY, LA, MD, MI, MN, MO, NC, NE, NJ, NM, NV, NY, OH, OR, PA, SC, TX, VA, WA, WI, WV.

Insurance offered only where licensed to do business. Currently Licensed in AZ, CA, CO, IL, IN, MO, NJ, OH, PA, TX, VA, WI.