Questions from Personal Finance


Q: Briefly describe (a) debit cards, (b

Briefly describe (a) debit cards, (b) banking at ATMs, (c) preauthorized deposits and payments, (d) bank-by-phone accounts, and (e) online banking and bill-paying services.

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Q: What characteristics would be most important to you when choosing an insurance

What characteristics would be most important to you when choosing an insurance agent?

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Q: What are the perils that most properties are insured for under various

What are the perils that most properties are insured for under various types of homeowner’s policies?

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Q: What are online brokers, and what kinds of investors are most

What are online brokers, and what kinds of investors are most likely to use them?

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Q: What are some products and services that you, as an individual

What are some products and services that you, as an individual investor, can now obtain online?

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Q: Why might an investor buy securities on margin?

Why might an investor buy securities on margin?

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Q: Describe what is meant by a participating policy, and explain the

Describe what is meant by a participating policy, and explain the role of policy dividends in these policies.

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Q: What’s the difference between an investment plan and a capital accumulation plan

What’s the difference between an investment plan and a capital accumulation plan?

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Q: Discuss the role of asset allocation in portfolio management.

Discuss the role of asset allocation in portfolio management.

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Q: Why is it important to have investment objectives when embarking on an

Why is it important to have investment objectives when embarking on an investment program?

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