Some people have a knack for turning lemons into lemonade. But could you take $100 and turn it into $1,000,000? Not everyone has the skills! Take these 10 enlightening quiz questions and we'll determine if you're the kind of person who can truly seize a financial opportunity. Ready? Begin!
START THE QUIZ!
You've got $100. What's the first thing you're gonna do with it?
Pay a bill
Take myself out to lunch
Put it in the bank
You've decided not to spend it yet. Where's the safest place to keep the $100?
A saving's account.
A shoe box in the closet.
In my wallet.
You decide to invest the $100 bill. Where's a risk free place to put it?
A penny stock
A CD account
A blue chip stock
You decide to invest in oil and gas. Which index do you choose?
Your friend from college wants you to invest the $100 into their start up. What do you do?
Do some reserach.
Invest it as a favor.
Would you want to contribute to a retirement account?
Always good to save for emergencies! How much of the $100 should you put aside in case?
There's a stock on your radar you'd like to buy. Who should you contact?
Would you tell anyone about your investments?
Just my spouse or partner.
Everyone I know.
Just my financial advisors.
You received a big dividend from your investment. What do you do with it?
Put it into savings.
Donate to charity for tax purposes.
You Could Turn $100 Into $1,000,000!
You could most definitely turn $100 into $1,000,000! Some people like to spend like there's no tomorrow. That's not your style. You like to plan like there's no tomorrow. Rather than taking whatever money you have to acquire more stuff, you like to turn that money into even more dough. Not everyone has a knack for finances, but you certainly do.
You Could Turn $100 Into $100,000!
While you couldn't turn $100 into $1,000,000, you could turn it into $100,000. In this world, there are spenders and savers. You're not really one or the other. While you do save some and are savvy with money, you also like to enjoy yourself and buy nice things. You're not destined to be a millionaire, but you could turn a few dollars into a big chunk of change.
You Would Spend The $100!
You would spend the $100 right away! Okay, so you don't have a million dollars in your future just yet. Odds are, you would take the $100 and buy something nice. Whether it was a dinner out or that blouse you've had an eye on, you just want to live your life and have a good time, not worry too much about tomorrow.