Finance Final – Easy Geo Training

Which option below is a good way to help you build a connection between our program and the services of 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 many people are more likely to invest in a mutual fund than take chances directly on the stock market.

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

According to the latest information from the Federal Reserve, credit debt has exceeded what dollar amount?

$3.5 Billion

$3.5 Bazillion

$3.5 Trillion

$3.5 Trazillion

As a sales agent you are talking to a retirement planner whose mother was a teacher. Which statement below is a good one liner?

Teachers have great pension plans allowing the to live comfortably for the rest of their lives after retirement.

The pensions for newer teachers have increased over the past decade by 25%, so current teachers have better retirement plans.

Many teachers today do not have sufficient retirement income and they need a trustworthy advisor to support them.

A person's estate includes which of the following?

Their home

Their investment account

Their car

Their furniture

All of the above

None of the above

Which statement about a financial advisor/retirement planner is untrue?

They are generally well-educated

They will help clients plan for the future

They do not work with government eployees

They understand the importance of saving

They offer financial advice

Non-humanities college graduates earn, an average, ________% more over a lifetime than do non-college graduates.

200

300

400

500

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.

As an agent dealing with financial planners, it is a good idea to have some basic knowledge about different financial products so that the advisers think you know a little about what you are talking about.

True

False

George, a debt counselor, tells you that he offers Veterans and other local heroes a discounted rate. What should you say to George?

We can create a customized advertisement that proudly declares you offer local heroes a discount.

Veterans generally do not get into debt, so you are wasting your time offering them discounts.

It sounds like you've got everything taken care of. Good luck and thank you for your time.

Loaning someone money to start or build a business can be considered an alternative investment, and it would be a good idea to contact a financial advisor before doing so.

True

False