What is purchasing assets with the goal of increasing income?
What is investing?
100
Name two savings tools at the bottom of the financial pyramid
What is checking amount, savings account, money market, deposit account, savings bonds, or certificate of deposit
100
What is the Rule of 72?
What is allows a person to calculate when a value of an investment will double the amount
100
what is the most recognizable financial institution?
What is the bank?
100
Increased potential return results in _____ risk?
What is increased?
200
investing is good for... -termed goals? a) long b) short
What is long-termed?
200
what is the Speculative investment tool at the top of the financial risk pyramid
What is a Future?
200
What is the formula for the Rule of 72?
What is 72/Interest Rate= #of years needed to double the principal interest
200
what are two of the four types of financial institutions?
What is bank, credit union, savings and loan, and payday loan company?
200
What is the uncertainty regarding the outcome of a situation or event called?
What is risk?
300
Type of investment tool that involves the government repaying a loan to an investor after a maturity date is reached?
What is a bond?
300
Conservative, moderate, and aggressive are all used to describe what?
What is Individual Investment Philosophies
300
What is tax-sheltered investment and give an example?
What is eliminate, reduce, defer, or adjust the current year tax liability. Retirement, child care, education, health care.
300
how do banks make money?
What is charging loans or interest?
300
What is the rise in the general level of prices?
What is inflation?
400
When should one start investing?
What is when they are ready, when they have done research, or have the extra money to spare
400
What is the portfolio diversification referred to as?
What is "Building a Portfolio"?
400
What are two of the four things the Rule of 72 determine?
What is # of years an investment takes to double, how long it takes debt to double, interest rate investment must have to double in "x" years, and how many times debt/$ will double in "x" years
400
what does the Payday Loan Company solve?
What is solves temporary problems?
400
The share of profit given in cash to stockholders is called?
What is dividends?
500
Investment tool involving many people who invest money to a company so it can create a diversified portfolio?
What is a mutual fund
500
Name three of the five investment tools on the financial pyramid
What is stocks, real estate, mutual fund, index fund, or bonds
500
What is an employer-sponsored investment account?
What is money is generally doubled.
$ automatically taken out of the paycheck, employer contributes $ to investment with no additional cost.
500
Whatever the investment, in finance, with risk comes ____.
What is reward?
500
A _____ acts as buying and selling agent for an investor?