Finance Final – Easy Geo Training

Defaulted student loans drop off a credit report after two years.

You are talking to Sarah, a investment broker. She states that she doesn't know how GeoFencing could work for her. How could you respond? (Select all that apply)

We can specifically target the demographics she wants to work with the most

We can guarantee clicks and ensure that she will get calls.

We will design a professional ad for her that will grab the attention of mobile users

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

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

200

300

400

500

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

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.

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

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

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.

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.