Landscapers Final – Easy Geo Training

An A529 Savings Account is an investment account designed to help people save for their child's future education.

True

False

You are talking to, John, an investment broker in San Diego who does not see any benefit to advertising with us. What should you say?

John, you are right, most of our heroes already have retirement accounts and are set for the future.

John, we can guarantee that many of our local heroes will start calling you to supplement their retirement income.

John, we can advertise you as the exclusive investment broker to the heroes in the San Diego area.

Many retiring heroes do not want to rely on their retirement benefits alone and are looking for honest and supportive brokers to help them out.

Which statement below describes a security best?

A security is an investment option that is usually traded on the market.

A security is a piece of paper stating that an investment is guaranteed.

A security is a financial instrument whose value is determined by the Securities and Exchange Commission.

Which option below is a good way to help you build a connection between the heroes we represent and a broker?

Ask him or her if they have children and whether or not they want them to be successful later in life.

Ask them if they work with mutual funds, then state that our heroes are more likely to invest in a mutual fund than take chances directly on the stock market.

Tell him or her that most of our heroes already have a retirement plan and are just looking for good life insurance.

Why would one of our heroes, who has worked for most of her life, prefer to invest money in mutual funds?

They are all high-risk and have huge payoffs.

They do not need to share any of the profits with anyone else.

They are generally safer than other investment types.

Mutual funds all come with a face value, guaranteeing their worth.

Which of the following are types of life insurance policies? (Select all that apply)

Whole Life

Partial Life

Term Life

Annuity Life

Universal Life

Which of the following is not a characteristic of an Individual Retirement Account (IRA)?

There is a limit to the allowable yearly deposit amount.

You can open an IRA for every member of your household.

An IRA can only be used for educational purposes.

When money is withdrawn from a traditional IRA it is taxed.

Purchasing small bars of gold and silver is an example of a traditional investment.

True

False

When talking to an estate planner, it is good to concentrate on the emotional side of helping out our heroes.

True

False

As an agent, why is it important for you to know the basics about some of the financial instruments? (Select all that apply)

It allows you to speak more confidently with people in the finance industry.

It makes it easier for you to connect with people in the finance industry.

You can legally sell stocks and other financial instruments to the heroes.

You can build connections between our heroes and any financial needs they may want from the advisor/broker.