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Money Quiz: Can you work it out? Poll results/discussion
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Former_MSE_Lawrence
Posts: 975 Forumite
Poll started 09 June 08
Money Quiz: Can you work it out?
The question looks simple, but I did it as a poll a few years ago and less than one in three people got it right – will you? The correct answer will be in next week’s MoneySaving E-mail
Which of these would give you the best return?
A. Stockmarket rises 10% a year for 5 years then drops 10% a year for 5 years. - 24% (1272 votes)
B. Stockmarket falls 10% a year for 5 years then rises 10% a year for 5 years. - 20% (1055 votes)
C. Stockmarket stays the same. - 30% (1570 votes)
D. All are equal. - 26% (1386 votes)
Voting has now closed, but you can still click 'post reply' to discuss below.
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Money Quiz: Can you work it out?
The question looks simple, but I did it as a poll a few years ago and less than one in three people got it right – will you? The correct answer will be in next week’s MoneySaving E-mail
Which of these would give you the best return?
A. Stockmarket rises 10% a year for 5 years then drops 10% a year for 5 years. - 24% (1272 votes)
B. Stockmarket falls 10% a year for 5 years then rises 10% a year for 5 years. - 20% (1055 votes)
C. Stockmarket stays the same. - 30% (1570 votes)
D. All are equal. - 26% (1386 votes)
Voting has now closed, but you can still click 'post reply' to discuss below.
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0
Comments
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This was more recent than a few years ago, wasn't it?
I'm sure I've seen it on here recently. Unless I followed a link, maybe?0 -
Quickly (admitting to using a calculator) I'd go for CGwlad heb iaith, gwlad heb galon0
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JimmyTheWig wrote: »This was more recent than a few years ago, wasn't it?
I'm sure I've seen it on here recently. Unless I followed a link, maybe?
You're right... I was reminded by the team that I revisited it about a year and a bit ago... but I've decided to leave it as its fun Martin Lewis, Money Saving Expert.
Please note, answers don't constitute financial advice, it is based on generalised journalistic research. Always ensure any decision is made with regards to your own individual circumstance.Don't miss out on urgent MoneySaving, get my weekly e-mail at www.moneysavingexpert.com/tips.Debt-Free Wannabee Official Nerd Club: (Honorary) Members number 0000 -
Confucius say stock market like gambling, deck always stacked in dealers favor.
Answer: C0 -
While I agree with your answer, I disagree with your statement. On average, over the long term, the stock market produces better returns than a savings account.Confucius say stock market like gambling, deck always stacked in dealers favor.
Answer: C
It is like gambling as it is not guaranteed, but the stock market "deck" is stacked in the investors favour.0 -
The answer's E: None of them give you any growth.0
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I've changed it to the best returns Martin Lewis, Money Saving Expert.
Please note, answers don't constitute financial advice, it is based on generalised journalistic research. Always ensure any decision is made with regards to your own individual circumstance.Don't miss out on urgent MoneySaving, get my weekly e-mail at www.moneysavingexpert.com/tips.Debt-Free Wannabee Official Nerd Club: (Honorary) Members number 0000 -
a) 95.099%
b) 95.099%
c) 100.00%
I went for D after trying to work it out in my head but actually it's C, isn't it...?Matched Betting Profits since May 2006: £467.330
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