Investments
What is money put into an asset with the goal of earning more money in the future called?
An investment.
What is the stage of life when a person stops working and relies on savings and other income?
Retirement.
Who are affected by Progressive Taxes?
Wealthy or Rich people
What is Cryptocurrency?
Digital Currency
What is the biggest country in the world?
Russia.
What type of investment represents ownership in a company?
A stock.
What employer-sponsored retirement plan allows workers to save part of their paycheck for retirement?
A 401(k)
What is considered a Gross income?
The amount you earn.
Explain what a deductible does.
A payment you make before coverages in an insurance.
Who won the 2018 World Cup?
France
What type of investment is a loan to a company or government that usually pays the investor interest?
A bond.
What retirement account can allow qualified withdrawals to be tax-free because taxes are generally paid on contributions first?
A Roth IRA.
What are the Lowest and the Highest percentages in Personal Taxes?
10% and 37%
If you decide to get a Mortgage for a house what is the percentage for an down payment?
10-20%
When did Odysseus came out?
July 17, 2026
What is it called when you spread your money across different investments to reduce your risk?
Diversification.
What is the benefit of earning interest not only on your original investment, but also on the interest you've already earned?
A compound interest.
Explain how are taxes used.
Government services, such as Public safety and National Defense.
In a Credit score what is the average in the U.S.?
670
How old is Morgan Freeman?
89
If you sell an investment for more money than you originally paid for it, what is the profit called, and it may be subject to this type of tax?
A capital gains tax.
What type of retirement account generally allows contributions to receive a tax benefit now, while withdrawals in retirement are generally taxed?
A traditional IRA.
Explain what your paying if you miss your taxes and who are involved.
Force to pay the difference(charged more) and IRS are involved.
List 4 Causes that causes a Stock Price to change
1. Supply and Demand
2. Earnings and Expectations
3. Sentiments and Attitudes
4. Economic Indicators
5. Follow the leader(Volume)
6. Anything
Whos the best player in soccer.
MESSI.