Stock Advisor Trainer

Question 1

Why is it important to prepare for downturns?

Accepted Answer

To accept short-term volatility in order to obtain great long-term rewards

Answer

To get better returns

Answer

To prepare for changes in the market

Answer

So that you don't lose money

Question 2

From a statistical standpoint, what does volatile mean?

Accepted Answer

Moving all over the place

Answer

Not moving at all

Answer

Moving up

Answer

Moving down

Question 3

Which of the following is a benefit of using a stock market simulator?

Accepted Answer

You can learn about investing without putting your money at risk

Answer

You can make a lot of money quickly

Answer

You can learn about investing without doing any research

Answer

You can only learn about investing in stocks

Question 4

Why is it important to determine how you would react if this were your money that you gained or lost?

Accepted Answer

It can assist people in overcoming the misconception that they are smarter than the market.

Answer

It can help people overcome the belief that they're investing in the right stocks.

Answer

It can help people overcome the belief that they're investing in the stock market.

Answer

It can help people overcome the belief that they're dumber than the market.

Question 5

What should you do if you want to stay in the investing game for the long term?

Accepted Answer

Maintain your long-term portfolio commitment.

Answer

Develop patience

Answer

Look at your portfolio frequently

Answer

Ignore the daily financial news

Question 6

What strategy does Keady suggest for beginners who find the news cycle overwhelming?

Accepted Answer

Set up a calendar and decide when you will evaluate your portfolio

Answer

Ignore any negative aspects of the news cycle.

Answer

Stop following news sources completely.

Answer

Turn off all news notifications on your phone.

Question 7

Why is there no perfect time to start investing in the stock market?

Accepted Answer

Nobody knows with 100 percent certainty the best time to get in

Answer

You won't get the full benefit of a well-performing investment

Answer

You will sell out of a stock during some volatility

Answer

It is meant to be a long-term activity