July 27, 2020

THE MARKETS

See what else you know – or don’t – about money by taking this brief quiz:

1.  Which of the following was once used as currency?

a.  Tea bricks

b.  Knives

c.  Animal skins

d.  All of the above

2.  Which was the first animal to appear on a U.S. coin?

a.  An eagle

b.  A buffalo

c.  A jackalope

d.  A ring-necked pheasant

3.  What were nickels made of during WWII (1942-1945)?

a.  Nickel

b.  Metal alloy 

c.  Steel

d.  Leather

4.  What is chrometophobia?

a.  Fear of thinking about money

b.  Fear of spending money

c.  Fear of touching money

d.  All of the above

Weekly Focus — Think About It

“A nickel ain't worth a dime anymore.”  — Yogi Berra, Professional baseball player

The Wealth Managers of KWB & Associates, Inc. (KWB) are registered representatives with and securities and advisory services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.

Answers:

1.  D – All of the above (Tea bricks, Knives, and animal skins)

2.  A – Eagle

3.  B – Metal alloy

4.  D – All of the above (Fear of thinking about money; fear of spending money; and fear of touching money)

* Government bonds and Treasury Bills are guaranteed by the U.S. government as to the timely payment of principal and interest and, if held to maturity, offer a fixed rate of return and fixed  principal value. However, the value of fund shares is not guaranteed and will fluctuate.
* Corporate bonds are considered higher risk than government bonds but normally offer a higher yield and are subject to market, interest rate and credit risk as well as additional risks based  on the quality of issuer coupon rate, price, yield, maturity, and redemption features.
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* The Dow Jones Global ex-U.S. Index covers approximately 95% of the market capitalization of the 45 developed and emerging countries included in the Index.
* The 10-year Treasury Note represents debt owed by the United States Treasury to the public. Since the U.S. Government is seen as a risk-free borrower, investors use the 10-year Treasury  Note as a benchmark for the long-term bond market.
* Gold represents the afternoon gold price as reported by the London Bullion Market Association. The gold price is set twice daily by the London Gold Fixing Company at 10:30 and 15:00 and is  expressed in U.S. dollars per fine troy ounce.
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* The DJ Equity All REIT Total Return Index measures the total return performance of the equity subcategory of the Real Estate Investment Trust (REIT) industry as calculated by Dow Jones.
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