Your best friend says his uncle will give you a chance to invest in a gold property in northern BC. He says the investment will double before the end of the year. What do you do?
Weigh the risks and decide not to invest.
Invest $1,000, an amount you can afford to write off.
Get information about the company. If there’s potential, invest $5,000.
Drain your savings to buy as many shares as possible.
Your boss is going to pay a year-end bonus and gives you a choice between $500 cash or $600 in company stock. You can’t sell the stock for at least 12 months, and in that time the stock price could go up or down. What do you do?
Take the money while you can.
Take the stock, because you believe in your company’s potential.
A friend invites you to join a hockey pool with a $20 buy-in. You could win over $500. What do you do?
Say no thanks.
Ask another friend to split the cost, since a $10 loss is better than a $20 loss.
Make some educated guesses, and place your bet.
Find out if you can purchase two pools to increase your odds of winning.
Your parents decide to give you an early inheritance of $10,000, asking that you invest it wisely. What do you do?
Buy the high-priced item you’ve had your eye on.
Put the cash in a safe-term deposit earning 2% interest a year.
Invest it all in a start-up company with huge potential rewards (and risks).
Get a financial adviser to help you diversify your investments.
A stock you bought over a year ago has suddenly increased in value by over 40%. What do you do?
Consider selling enough to cover your original investment.
Borrow money to buy more stock.
Sell, and move your cash to a low-risk investment.