Skip to main content

How Well Do You Know America's History?

Happy Birthday, United States of America!



On July 4, 1776, the American colonies claimed independence from Britain. This declaration eventually led to the formation of the United States. As we celebrate the birth of our great nation, test your knowledge with this brief quiz.
  1. Which of these is one of the longest rivers in the United States?
    1. Red River
    2. Colorado River
    3. Missouri River
    4. Roe River
  1. What is the supreme law of the land?
    1. The Constitution
    2. The Declaration of Independence
    3. The Bill of Rights
    4. The Supreme Court
  1. What territory did the United States buy from France in 1803?
    1. The Alaska Territory
    2. The Louisiana Territory
    3. The Northwest Territory
    4. American Samoa
  1. Why does the flag have 13 stripes?
    1. There are 13 signatures on the Declaration of Independence.
    2. There is one stripe for each of the first 13 presidents.
    3. There were originally 13 colonies.
    4. Thirteen is a lucky number.
A defining characteristic of the United States is its citizens’ passion for independence. In 2016, a majority of young Americans agreed financial independence is a defining characteristic of adulthood, according to a Bank of America poll.If you would like to help your young adult children and/or grandchildren better understand how to achieve financial independence, please give us a call.

Have a fun and safe 4th of July!


Best Regards,

Womack Investment Advisers Team

Quiz Answers:

  1. C – Missouri River
  2. A – The Constitution
  3. B – The Louisiana Territory
  4. C – There were originally 13 colonies

Comments

Post a Comment

Popular posts from this blog

Another Tornado Record's in Sight for U.S. as Thunderstorms Boom

Bloomberg by Brian K Sullivan Another wave of tornado-spawning thunderstorms is set to rip across the Great Plains and South this week, putting the U.S. within reach of a record year for life-threatening twisters. Severe storms will drench a swath of the country from Texas to Mississippi over the next five days, according to the U.S. Storm Prediction Center. Through Thursday, 369 tornadoes have been reported across the country, the most in five years and more than double the normal number of sightings. An active jet stream and unusually balmy weather are to blame for the burst of deadly tornado activity, the storm prediction center said. Strong winds have dragged storms into the warm, humid air that’s blanketed the eastern half of the nation, creating conditions ripe for a weather phenomenon that leads to at least $400 million in damage a year in the U.S. “We have a severe threat starting today and continuing for each of the next five days through at least Monday
Post a Comment
Read more

Womack Weekly Commentary: September 18, 2017

­Womack Weekly Commentary September 18, 2017 The Markets “In theory, there is no difference between theory and practice, in practice there is.” Yogi Berra was talking about baseball, but the concept also applies to diversification, according to the GMO White Paper, The S&P 500: Just Say No . From the title, you might think the authors – Matt Kadnar and James Montier – don’t like U.S. stocks. They do: “Being a U.S. equity investor over the past several years has felt glorious. The S&P 500 has trounced the competition provided by other major developed and emerging equity markets. Over the last 7 years, the S&P is up 173 percent (15 percent annualized in nominal terms) versus MSCI EAFE (in USD terms), which is up 71 percent (8 percent annualized), and poor MSCI Emerging, which is up only 30 percent (4 percent annualized). Every dollar invested in the S&P has compounded into $2.72 versus MSCI EAFE’s $1.70 and MSCI Emerging’s $1.30.” The au
9 comments
Read more

Markets Were Rattled Last Week

 The market hates surprises, especially when the surprise comes from a central bank. Last week, the European Central Bank (ECB) unexpectedly reversed course and took a more accommodative stance on monetary policy in an effort to encourage stronger European economic growth. Tom Fairless of Barron’s explained: “Officials are seeking to shore up an economy that has been rattled by shocks ranging from a slowdown in China to mass protests in France and bottlenecks in Germany’s crucial auto industry. They are threading a careful path between providing sufficient support for the region’s softening economy while avoiding any appearance of panic, which could ricochet through financial markets.” The Eurozone isn’t the only region feeling the pinch of weaker economic growth. China’s exports were down more than 20 percent in February, reported Investing.com . Analysts had expected a decline of about 5 percent. Concerns about the health of China’s economy have been growing since the p
Post a Comment
Read more