MTTM Podcast Episode 458 – Consistent investment funds, Debanking & car insurance renewal traps

Podcast Quiz Questions

Here are five multiple-choice questions to test yourself after listening to this week's episode.

1. What does APP fraud stand for?
   • A. Authorised Push Payment fraud
   • B. Account Phishing Payment fraud
   • C. Advanced Phishing Protocol fraud
   • D. Automated Payment Processing
2. What does Damien suggest about the performance of active funds over the long-term?
   • A. They always outperform the market.
   • B. They tend to underperform the market.
   • C. They are less risky than index funds.
   • D. They are recommended for all investors.
3. What statistical measure indicates the extra return a manager gets for the risk they take?
   • A. Beta
   • B. Alpha
   • C. Sharpe Ratio
   • D. R-squared
4. What is suggested as a good practice for maintaining good credit score?
   • A. Keeping a credit utilisation below 25%
   • B. Maxing out all credit cards
   • C. Applying for new credit cards annually
   • D. Closing older accounts regularly
5. What not-for-profit organisation works to reduce and prevent fraud?
   • A. CIFA
   • B. CIFAS
   • C. CIFS
   • D. CFAS

Answers

1. A. Authorised push payment fraud
2. B. They tend to underperform the market.
3. C. Sharpe Ratio
4. A. Keeping a credit utilisation below 25%
5. B. CIFAS