Before you start the quiz

  1. All questions here are extracted from the book ‘Grownups Are Just Kids With Money’ and only cover about 10% of what the book teaches.
  2. No question here has an ambiguous answer. The right answer, is right by miles.
  3. To simply see your score, leave the email field blank.
  4. To receive the correct answers along with the score, enter your email address at the end of the quiz. Doing so will also subscribe you to the blog.
  5. Good luck.

The Moneyplanting Quiz

1.
Which statements from below are true?
2.
Which is the best way to invest in Gold?
3.
How often is it good to check how well your equity mutual fund investments are performing?
4.
An investment of 10 Lakhs in a good piece of Real Estate in India in 1998 would've grown to around 2 Crores by today. That's a 20X return over that 20 year period. If you were however unlucky enough to have put that 1 Lakh into the worst performing equity mutual fund over the same period, how much do you suppose your return would have been? 
5.
Financial middlemen(agents/distributors) often walk away with a large chunk of your investment as commissions. Which investment products from the ones below do you suppose have the highest percentage of middleman commissions?
6.
Which investment among these do you suppose has consistently provided the highest long-term returns in India?
7.
Out of the Equity related strategies from below, which has been known to provide the highest long term returns, time and time again?
8.
Which from below is a good explanation of 'Market Cap'?
9.
Say you decide to invest in a mutual fund. Which channel from these below will allow you to generate better returns from the same mutual fund?
10.
If you had to, which type of financial advisor/planner would you hire?

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