Buy Solved LIFC 303 Quiz 3
- The myth the author was taught in academia is to use _________ to invest in ________. (pg. 170)
- It is wise to keep one’s home mortgage only if one can get the tax deduction.
- The author recommends having a home equity loan instead of an emergency fund.
- The Mortgage Bankers Association says the average life of a mortgage is about what?
- What is something the author has noticed about mortgages?
- What was the “Secret Santa” mentioned in the text famous for?
- Which of the following statements does the author make regarding money?
- Investing begins at which step?
- Baby Step Seven is the last step of the Total Money Makeover.
- The author does not endorse the use of financial planners because they are not team members and can be described as “sole captains” of their team.
- Margarette Thatcher once said, “No one would remember the good Samaritan if he’d only had good intentions; he had money as well.”
- It is important to realize while wealth is very fun, it
- The author states that if you think managing wealth is evil or carnal, then by default you leave the wealth to evil and carnal people.
- Wealth will make you what, according to the text?
- According to Proverbs 10:15, a rich man’s wealth can become his walled _____.
- If you have a loss due to a flood:
- Risk management is an organized plan for protecting yourself, your family, and your property.
- Personal liability coverage does NOT cover:
- In which circumstances may the right to elect continued coverage under COBRA exist for a covered spouse or dependent?
- This health insurance provision sets specific levels of repayment for certain services.
- Mildred was diagnosed with terminal cancer and knows that she doesn’t have long to live. Which of the following riders would allow her to receive cash now?
- If you change your mind about your insurance policy, you have 60 days to return it to receive a refund of your premium.
- Which of the following risks deals with the possibility that bad management, unsuccessful products, or other factors will cause the business to be less profitable than originally anticipated?
- At the least, you should keep purchase records of the actual dollar cost of your investments plus any commissions or fees paid.
- Investors can typically find more websites about stocks and mutual funds than they can find for bonds.
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