Tuesday, October 6, 2009
Money Wise Women Money Quiz How Wise Are You
Money Wise Women Money Quiz How Wise Are You Wise Women Money Quiz: How Money-Wise Are You? Awareness is the first step to achieve financial freedom. Test your knowledge Do you know where you are in terms of money Smarts? The following questions are based on Oppenheimer Funds research. It only takes a minute to see what you can do with money. 1. Sixty percent of all women at the end with their own finances at some point in their lives. T or F 2. Most women spend their portfolio of investments to be conservative. T or F 3. Most stock investors are destroyed, at least once in their lives. 4th T or F Two thousand dollars, the minimum amount for investment in a fund. T or F 5. You need about 75% of income before retirement to live comfortably in retirement. T or F 6. If a 45-year-old woman intends to retire at 60 years of age, can expect to live 21 years in retirement. T or F 7. Between stocks, bonds and CDs, in the last 30 years, bonds will appreciate the most, out of total investment. T or F 8 If a woman can afford to invest only 50 U. S. Dollar a month should not interfere. T or F 9. A 65-year-old woman with an annual income of 50,000 U. S. Dollar should have 50% of their income from Social Security. T or F 10. One woman, the intuitive ability to manage their emotions about money is one of the most important aspects of creating wealth for the long term. T or F Answers: 1 False-90% of all women at the end with their own finances at some point because of the increasing rate of divorce, a widow, and because they live longer. 2nd TRUE-Most women are too conservative in their investment activities. 3rd False - not historically true. There are periods of decline, but over the past 50 years the market has shown a long-term growth. 4th FALSE You can automatically Builder Program Fund account for only $ 25 a month. 5th TRUE after studies Wefa group, you need 70-80% of pre-retirement income when retiring. This means that if you eaed $ 45,000 when you retire, you will need between $ 31,500 and $ 36,000 for each year of retirement. 6. TRUE according to the National Center for Health Statistics, a woman who is 45, plans to retire at 60 in a position to plan the life-21 years for the age of 81. Why do women live so long, a good pension can be a big difference if you live as comfortably in your later years. 7th FALSE. According to Ibbotson Associates, over the past 30 years stocks have been the best performing asset class. 8th FALSE, a monthly investment of $ 50 is growing 8% a year, would be worth $ 9147 in 10 years and $ 29,451 in the last 20 years. 9th Wrong-you can expect Social Security to replace 30% of their pre-retirement income or $ 15,000 if he were eaing $ 50,000 a year. 10th TRUE-You Go Girl! You know it's true! About this quiz has been sought from Cynthia Fick, expert financial planner. The results of research by women and invest quiz Oppenheimer, Ibbotson Associates, the National Center for Health Statistics and Wefa group. Here are the results: 8-10 correct Great job! Are you a Money Smart Women. They have a solid understanding of the problems that women's financial lives. Use this Smarts life of your dreams? Make up with a financial coach, is a review of your goals, and take a picture of where you are financially. O Come and receive a free Sprecial report, the top five reasons why most women Aren? T-rich, and you can change, from Cynthia Fick, expert financial planner. This report shall disclose any concrete steps to financial happiness. You can also sign up for a free 60 minutes - Tele-class right? Ways women are rich: The three secrets of wealth creation. Cynthia Fick and Founder of Coaching from Spirit, Sharon Wilson will give you simple strategies to create more financial security and greater prosperity. To htp: / / 6-7 Correct Pretty Good! I am a woman financially-quest. They began to realize what is important for women to regain control of their finances. You may not be enough to save your financial goals. Use this opportunity to ensure that you are saving enough for retirement and other financial needs for the future. Ask yourself, am I living the life of my dreams? You can think about what? s company is back. Come and receive a free special report, the top five reasons why most women Aren? T-rich, and you can change, from Cynthia Fick, expert financial advice for your short and long term objectives. You can also sign up for a free 60 minute tele-class right? Ways women are rich: Three secrets to create wealth. Cynthia Fick and Founder of Coaching from Spirit, Sharon Wilson will give you simple strategies to create more financial security and greater prosperity. To htp: / / 0-5 Correct you are financially-Naieve Women. You have to lea some 'of your finances, but do not despair! Many women are in your situation. Just because you lack financial experience is not that you can not create wealth. Watch your beliefs about money and history of your family about money when we grow, to see if you are financially. Will you also ask if they are clear what you want in your life, financially. If you're not where you want financially, why not? Come and receive a free special report, the top five reasons why most women Aren? T-rich, and you can change, from Cynthia Fick, expert financial planner. This report contains a free easy to understand, based on financial security and prosperity. You can also sign up for a free 60 minute tele-class called? Ways women are rich: Three secrets for creating wealth. Cynthia Fick and Founder of Coaching from Spirit, Sharon Wilson will give you simple strategies to create more financial security and greater prosperity. To htp: / / Remember: financial security is different from financial fortune. Every woman can be both. Make an effort to lea more about financial planning and with the help of a financial adviser or coach, go through your portfolio to ensure that your investment in the short and long term objectives. If you are motivated to take control of your financial future, you will receive a special report, the top five reasons why most women Aren? T rich and like you, that Cynthia Fick, expert financial planner. You can also sign up for a free 60 minute tele-class right? Ways women are rich: Three secrets for creating wealth. Cynthia Fick and Founder of Coaching from Spirit, Sharon Wilson is simple strategies to create more financial security and greater prosperity. To htp: / /
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