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Social science: Trivia questions with answers
Social science
111
Question: What is the term for a type of investment that allows you to borrow money using your investments as collateral?Answer: Margin account
112
Question: What is the term for a type of insurance that provides lifetime income?Answer: Whole life insurance
113
Question: What is the term for a type of investment that represents ownership in real estate?Answer: Real estate investment trust (REIT)
114
Question: What is the term for a type of portfolio that invests in various asset classes?Answer: Diversified portfolio
115
Question: What is the term for a type of investment that represents ownership in a company?Answer: Stocks
116
Question: What is the term for a type of investment that generates regular income?Answer: Bonds
117
Question: What is the primary goal of asset allocation in wealth management?Answer: To minimize risk
118
Question: What is the term for a person or organization that manages wealth?Answer: Financial advisor
119
Question: Which of the following is a key principle in wealth management?Answer: Diversification
120
Question: What is the primary objective of wealth management?Answer: Risk reduction
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