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.
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.
The number of stocks that make up the Dow Jones Industrial Average is:5,000.500.30.10.
A zero coupon bond:Is sold at a discount to face value.Is worthless.Matures immediately.Always has a call feature.
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 total stock market (S&P 500) return during the 1990s was:Predicted by most Wall Street analysts at the beginning of the decade.Lower than the historical averageThe highest of any decade in the 20th century.Approximately the same as the total return during the 1970s.