Who would be the most likely to buy an Inverse ETF?

A. An investor who thinks Apple stock will go down in value

B. An investor who wants to buy gold

C. An investor who wants double or triple the daily return of an index

D. An investor who normally is not able to short-sell in their portfolio

Who would be the least likely to buy a Leveraged ETF?

A. An investor who thinks a big price spike is coming soon

B. An investor who thinks the underlying index will slowly go up over time

C. An investor who wants to invest in oil

D. An investor who day trades

Which of these is different between ETFs and Mutual Funds?

A. ETFs hold a wide basket of stocks instead of just a few

B. ETFs are much older than mutual funds

C. ETFs usually have lower fees than mutual funds

D. ETFs will never pay out the dividends of underlying stocks, but mutual funds will

What is one advantage cash has over all other forms of stored payment?

A. It is easier to make large payments with cash

B. Cash is more secure and harder to steal than other types

C. Cash is anonymous, since there is no paper trail

D. Every business takes cash for all transactions