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| 1 . |
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PDDS sounds like the newest disease, but it is actually a neat way of remembering the desirable characteristics of money.
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| 2 . |
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Money has two functions, exchange and storage.
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| 3 . |
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Money market funds can make a profit or loss and are part of the money supply.
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| 4 . |
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Credit cards cost you money in two ways, not one.
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| 5 . |
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Four distinct pillars hold up the Canadian financial system and no company can be in more than one of those four areas.
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| 6 . |
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The big U.S. banks are in Canada now and will do to the Canadian banks what Wal-Mart did to Eatons and K-Mart.
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| 7 . |
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Banks are not much affected by electronics, except for ATMs.
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| 8 . |
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There is no particular link between bank deposits and bank loans.
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| 9 . |
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Banks expand the money supply by printing more money.
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| 10 . |
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The Bank of Canada is the biggest and oldest of the big six, private, chartered banks.
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| 11 . |
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The Bank of Canada is led by Canadas Minister of Finance.
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| 12 . |
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By selling and buying securities the Bank of Canada contracts or expands the money supply.
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| 13 . |
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Life insurance companies collect your premiums that you pay on your mortgage.
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| 14 . |
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Factors are a good idea because they buy your receivables for 100% of their value, and then charge a fee to the company who owes the receivables.
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| 15 . |
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As a new company you could get money from a variety of sources in Canada, but not from international markets.
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| 16 . |
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International trade works in part because there is an international payments process.
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| 17 . |
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Once a stock is sold to investors by the issuing company, it cannot be sold again.
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| 18 . |
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Stocks have three values, not one.
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| 19 . |
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When you invest in a stock, you may be affected by rumours and investor relations information.
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| 20 . |
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Stock exchanges are found all over the world, including Canada where there are three.
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| 21 . |
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A bond is a written contract promising to pay, by a certain date, principle, and interest, some at higher interest rates than others because of risk.
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| 22 . |
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Bonds can be converted, called, or have a sinking fund provision.
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| 23 . |
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If you get into mutual funds after graduation, you do not have to pay commissions if you do not want to.
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| 24 . |
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If you want to get into bonds investing you will probably be using the TSE, not the OTC.
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| 25 . |
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Investing on margin is buying stocks on credit.
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| 26 . |
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What is happening in the market? Look at the indexes.
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| 27 . |
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You can place a stop, go, or square order.
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