Home > Investors > Investor Resources > Quizzes > Level Two: Investing Concepts

Level Two: Investing Concepts

Level Two: General Financial Planning
Difficulty Level: Moderate
True or False
  1. _____ Interest or dividend income can be a common objective of a mutual fund.
  1. _____ A short-term bond fund invests in bonds that mature in 6 to 12 years.
  1. _____ Living wills and durable powers of attorney for health care are two examples of advanced medical directives.
  1. _____ Wealth management normally does not include estate planning.
  1. _____ Whole life insurance never includes a savings element minimum or rate of return.
  1. True. Other mutual funds focus on capital growth/appreciation and capital preservation.
  2. False. Short-term bond funds primarily focus on bonds with maturities of less than five years.
  3. True.
  4. False. This may be handled by a separate estate planning attorney but can also be addressed by the advisory team managing your other wealth-related affairs.
  5. False. Term life insurance is not likely to include a savings element.