Income Intermediate: Investing for Income

Test your knowledge

Choose wisely. There is only one correct answer to each question.

0%
Keep studying!
Review your answers below to learn more.
1.
Income investments usually provide income on a steady basis.
Choose wisely. There is only one correct answer.
True. Although it is not always guaranteed, income is usually continuous.
2.
By liquidating _______ in a mutual fund, you can receive income from it.
Choose wisely. There is only one correct answer.
Shares. Bonds and taxes cannot be liquidated in mutual funds.
3.
Mutual funds pay dividends when their holdings pay dividends.
Choose wisely. There is only one correct answer.
True. Mutual funds are made of individual holdings. Their dividends are possible only when their holdings pay dividends.
4.
Income investments usually provide income on a steady basis.
Choose wisely. There is only one correct answer.
True. Although it is not always guaranteed, income is usually continuous.
5.
The stocks of dividend-paying companies are popular among investors who want _______.
Choose wisely. There is only one correct answer.
Income. Neither low taxes nor capital appreciation are typical features of income stocks.