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SCMP Reporter

Match the correct meaning
1 Bull market
2 Market bubble
3 Bear market
4 Market crash
5 Market correction
a) a short, mild fall in the stock market
b) rising stock markets where investors are confident and keep investing
c) falling stock markets where investors are pessimistic and keep selling
d) over-optimistic market where the stock prices are getting too high
e) sudden, sharp fall of stock prices
Answers:
1. b, 2. d, 3. c, 4. e, 5. a
A few tips
Read financial articles regularly
Don't mind the noise: select articles with relevant facts
Don't time the market: invest regularly whether the market is up or down. On average, you will gain more.
Allocate your assets and diversify. Keep some savings in the bank.
Keep track of your money: your expenses, income, savings and investment.
Here are some activities you can do  this summer:
1 Make your own finance glossary. Write down all the words and concepts you don't understand and find the definitions. If you are still not sure, drop us an e-mail!
2 Track your money: follow the ins and outs and your investments, if you have any, on a spreadsheet.
3 Send us your questions and remarks and see you in September!



quiz time