MOS 2277: Final (Barry) Exam
Questions and All Correct Answers
2025-2026 Updated.
5 steps to build a solid foundation - Answer CPDE
1. Increase cash flow
2. Ensure proper protection
3. Eliminate debt
4. Emergency fund
5. Investment
3 ways to honour our good fortune - Answer WWO
1. invest wisely
2. obtain wealth
3. help others
what are Barry's two rules to risk? - Answer 1. own all the boats (diversify)
2. don't get off the roller coaster
short term rule of thumb - Answer keep any money you need to spend in the next 5 years in
a high interest savings account
long term rule of thumb - Answer invest all the rest in stock market on consistent basis no
matter if it is up or down
3 things to do before you invest - Answer RPL
, 1. review personal balance sheet
2. consider paying off loans
3. ensure you have adequate liquidity
2 ways to make money with stocks - Answer 1. hope price goes up over time
2. possibly receive dividend
3 reasons not to have bonds - Answer R IR R
1. long term rate of return is less than stock market
2. as interest rates climb to normal levels, bond returns are even worse than recent historic
averages
3. since you will not get off the rollercoaster, why do you need them before retirement?
name 5 asset classes - Answer 1. commodities
2. cash/cash equivalents
3. real estate
4. stocks
5. bonds
what are the 5 classes of bonds? - Answer GTFYC
Questions and All Correct Answers
2025-2026 Updated.
5 steps to build a solid foundation - Answer CPDE
1. Increase cash flow
2. Ensure proper protection
3. Eliminate debt
4. Emergency fund
5. Investment
3 ways to honour our good fortune - Answer WWO
1. invest wisely
2. obtain wealth
3. help others
what are Barry's two rules to risk? - Answer 1. own all the boats (diversify)
2. don't get off the roller coaster
short term rule of thumb - Answer keep any money you need to spend in the next 5 years in
a high interest savings account
long term rule of thumb - Answer invest all the rest in stock market on consistent basis no
matter if it is up or down
3 things to do before you invest - Answer RPL
, 1. review personal balance sheet
2. consider paying off loans
3. ensure you have adequate liquidity
2 ways to make money with stocks - Answer 1. hope price goes up over time
2. possibly receive dividend
3 reasons not to have bonds - Answer R IR R
1. long term rate of return is less than stock market
2. as interest rates climb to normal levels, bond returns are even worse than recent historic
averages
3. since you will not get off the rollercoaster, why do you need them before retirement?
name 5 asset classes - Answer 1. commodities
2. cash/cash equivalents
3. real estate
4. stocks
5. bonds
what are the 5 classes of bonds? - Answer GTFYC
