Financial IQ Test  
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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.

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

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

Stocks whose returns are tied closely to the overall national economy are typically called:

Blue Chip stocks.
Defensive stocks.
Speculative stocks.
Cyclical stocks.

Credit cards:

Are a cost effective way of financing investment purchases.
Have interest payments that are not tax deductible.
Typically have lower interest rates than home equity loans.
Often have 3 month grace periods on new purchases.

For tax purposes, a capital gain is considered long term if the investment was held more than:

1 day.
1 month.
1 year.
10 years.

A limit order:

Is used to protect a profit if it is a limit order to buy.
Is used to execute a sell at a specific price or lower if possible.
Is an order to buy or sell at a specific price or better and can be good till canceled.
Is an order to be executed at the best price available and is not known until after confirmation is received.

The number of stocks that make up the Dow Jones Industrial Average is:

5,000.
500.
30.
10.

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.

 
   
   
Living Benefits Incorporated
1319 Stratford Ct Del Mar, CA 92014
Phone: 858-350-7539 Fax: 858-350-9867
mical@livingbenefitsinc.com

Securities and investment advisory services offered through SagePoint Financial, Inc., A Registered Broker Dealer. Member FINRA/SIPC and a registered investment advisor. Living Benefits is not affiliated with SagePoint Financial, Inc. or registered as a broker dealer or registered investment advsior.

 

This communication is strictly intended for individuals residing in the states where the registered representative is registered to conduct securities business. No offers may be made or accepted from any resident outside the specific state(s) AZ, CA, CO, DC, FL, IL, IN, MD, NV, OR, PA, VT, WA referenced.
 
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