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MILLIONAIRE TRIVIA INTRODUCTION TO FINANCIAL SERVICES.

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Presentation on theme: "MILLIONAIRE TRIVIA INTRODUCTION TO FINANCIAL SERVICES."— Presentation transcript:

1 MILLIONAIRE TRIVIA INTRODUCTION TO FINANCIAL SERVICES

2 Read the question and have your team answer True, False or use the Millionaire card

3 The teenage tycoon who sold his internet business for $1 million is a high school drop-out

4 The country that has the richest population per person is Luxembourg

5 Americans invest in mutual funds or stocks less than Canadians

6 According to a turn-of-the- century US Department of Agriculture report, it would cost $50,000 for food, clothing, shelter and other necessities for a child born in Y2K through 17 years of age?

7 Social Security and Medicare will be sufficient for your generation to live on with no other income.

8 The average per capita worth of US citizens is $144,000

9 TRUE When Michael Furdyk and his partners sold their Web site for more than $1 million last spring, Furdyk got a pile of money, gushing publicity--and work-study credits toward his high school degree. Furdyk, now 17, still doesn't have his diploma. But he got enough venture capital for his new startup to lease a spacious office suite and employ 20 staffers--including his father, who just quit his job as an executive at NCR Corp. It's impossible to pinpoint exact numbers, but they are large. Researcher Computer Economics Inc. in Carlsbad, Calif., estimates that 8% of all teens, about 1.6 million in the U.S., are making at least some money on the Net. http://www.businessweek.com/2000/00_22/b3683144.htm

10 TRUE Rank Country GDP - per capita 1 Luxembourg $ 55,100 2 Norway $ 37,800 3 United States $ 37,800 4 San Marino $ 34,600 5 Switzerland $ 32,700

11 FALSE Canadians are much less adventurous than people in the USA when it comes to holding stocks and equities - 32% vs 51% of total financial assets are held in stocks and equities;

12 TRUE The highest net worth per capita was in the USA at about $144,000 - where do you or your family stand? Canada's net worth per capita was only $89,000 and the UK was $129,000; interestingly, Greenland is at $138,000

13 FALSE $165,630. College is extra.

14 FALSE Social Security and Medicare are reportedly going to be broke before your generation is ready to retire.

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