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Financial Quiz: How Adept Are You at Investing? Some of the most common questions about investing may actually surprise you.

By Phil Town

Opinions expressed by Entrepreneur contributors are their own.

As Entrepreneur Network partner Phil Towns points out, many individuals tie their money up in retirement and index funds but do not know some of the basic facts around investing. For example, many people assume that those who beat the stock market have studied super hard or have high IQs.

Town explains anyone who learns a simple set of rules and repeat thems can successfully invest, not just those with advanced training and superior intelligence.

Click the video to quiz yourself on investing.

Related: How to Respond When Your Investments Are Losing Money

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Phil Town is an Investment Advisor, Hedge Fund Manager, 2x New York Times Best-Selling Author of Rule #1 & Payback Time, and Ex-Grand Canyon River Rafting Guide. Rule #1 Investing is Warren Buffett style investing, teaching you how to buy businesses on sale, with little risk and 15 percent returns. In fact, Rule #1 investing is practically immune to the ups and downs of the stock market.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

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