Famous Investors
Shareholder in SpaceX and Tesla. 5 personal investments in other private startups. Founded and sold Zip2 and X.com (Paypal).
Who is Elon Musk?
A retirement savings plan made by an employer
What is a 401k?
How much should be in your savings account?
Six months worth of living expenses
When the value of your investment declines due to economic development
What is market risk?
Former President of America, he has $78 million invested in paper assets.
Who is Donald Trump?
An account that you put your after-tax dollars into
What is a Roth IRA?
Where should 15%-20% of your paycheck go to?
Transportation expenses
When prices of investments flucuate
What is equity risk?
Famous on Shark Tank. Owns the Dallas Mavericks. Also owns his own media company. Invests in cryptocurrency.
Who is Mark Cuban?
A loan from an investor to a borrower (ex. company or government)
What is a bond?
Depreciation is how much per year?
17.5% per year
When you can/not sell your investment for a certain price within a certain time period
Invests, has an outlined budget plan, 2 kids, and 2 rhinos in a very big backyard.
Who is Mathew Fiedler?
A small portion of a company that you own and get paid for owning
What are Stocks?
Where should 10%-15% of your paycheck go?
Retirement
The risk that something will happen to the company you are investing in
What is business risk?
Known as the "Oracle of Omaha." Seen as one of the most successful investors in history.
Who is Warren Buffett?
An agreement between you and an insurance company that has them paying you an agreed amount periodically
What is an annuity?
How much should a down payment be?
20% of the purchase price
When something changes in the government that fluctuates the price of your investment
What is political risk?