Questions from Personal Finance


Q: Summarize how you determine your level of need for disability income insurance

Summarize how you determine your level of need for disability income insurance.

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Q: Explain who needs disability insurance.

Explain who needs disability insurance.

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Q: Identify three policy provisions to consider when purchasing disability income insurance.

Identify three policy provisions to consider when purchasing disability income insurance.

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Q: Distinguish between own-occupation and any-occupation disability income insurance

Distinguish between own-occupation and any-occupation disability income insurance plans.

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Q: Summarize what the buy-and-hold long-term investment

Summarize what the buy-and-hold long-term investment strategy is all about.

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Q: What is the goal of portfolio diversification, and how is this

What is the goal of portfolio diversification, and how is this accomplished?

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Q: Explain the concept of dollar-cost averaging including why one invests

Explain the concept of dollar-cost averaging including why one invests at below average costs.

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Q: What is asset allocation, and why does it work?

What is asset allocation, and why does it work?

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Q: Comment on three popular rules of thumb of asset allocation including being

Comment on three popular rules of thumb of asset allocation including being 100 percent invested in stocks.

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Q: What happens to a worker’s 401(k) retirement account if

What happens to a worker’s 401(k) retirement account if he or she signs up for an auto-rebalance account service?

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