Get In-quiz-itive with FWIW: Inflation-fighting Edition

For What It's Worth -

Inflation-fighting edition

We know keeping up with the latest resources, news, and trends in the world of investing takes more than an occasional glance, particularly while keeping an eye on alignment with your values. That’s why we’ve developed this short, no-judgment quiz to see how far you’ve come in your financial know-how as we all navigate this period of high inflation and high interest rates. You’ll be able to identify areas and ideas you might want to review or look into more closely as you figure out how to protect yourself and maximize returns in today’s roller coaster of an economy. 

And if you miss a few? No sweat. You will see that the answers include links to relevant content, so you are only a click away from the resources you need to keep up with the rapidly changing economic environment. 

Good luck!

What is a value stock?

Shopping around for a savings account with a high APY is one way to take advantage of high interest rates. What does APY stand for?

What is a dividend stock?

What is the primary way the Federal Reserve fights inflation?

What strategy can help protect your money during inflationary times?

True or False: The S&P posted positive returns during most 20-year periods between 1928 and 2021.

You locked in a 30-year mortgage at 3% a few years ago and just got a sudden cash windfall. Should you pay off that mortgage?

What is the best way to grow cash for the long term?

Thanks for taking the quiz!!

You did it!

Way to go — you’re starting to understand how to invest in high-inflationary times! Here are some links to help you continue on your path:

Thanks for taking the quiz!!

You did it!

Congratulations — you’re on your path to mastering investing in high-inflationary times. There are a few resources and back issues of FWIW you may find of interest:

Thanks for taking the quiz!!

You did it!

Great job! You have clearly been a close reader of FWIW.

We would love to hear from you. Shoot us an email with other topics you would like to learn about or areas where you think we should dig a bit deeper.

Thanks for taking the quiz!!

You did it!

Amazing! Don’t forget to tag @whatitsworth on Insta when you brag to your friends.