Personal Finance
Whats the biggest advantage of starting to invest while you're young
More time to receive benefits of compound growth
What does it mean to "diversify" your investments
Spread investments across different assets
AMZN
Amazon
A " bull market" means
Stock prices are rising
Who is known as the "Oracle of Omaha"
Warren Buffett
Difference between Roth IRA and Traditional Roth
Roth IRA is funded with post tax dollars and withdrawn tax free
What is a dividend
A share of profits paid for shareholders
KO
Coca-Cola
What is a " blue-chip stock"
A stock of a large, reliable company
Which investor popularized index fund investing
Jack Bogle
Whats a 401k
employer-sponsored retirement plan with tax advantages
What is "Rule of 72" used for
Estimating how long it takes for money to double
HD
Home Depot
What does IPO stand for
Initial Public Offering
Who is the author of The Intelligent Investor
Benjamin Graham
What's the difference between a fixed-rate loan and a variable rate loan
Fixed rates stay the same; variable rates can go up or down overtime
If a stock has a P/E ratio of 20 what does that mean?
Investors are paying 20 times earnings for the stock.
CMCSA
Comcast
What does "short selling" mean
Betting a stock will go down
Which Investor correctly predicted the 2008 housing market crash
Michael Burry
What are some advantages of using a credit card over a debit card
Build your credit, fraud protection, and rewards/perks
What is "dollar-cost averaging
Regularly investing equal amounts regardless of price
DE
John Deere
What does beta measure in investing
A stocks volatility compared to the overall market
What is the name of Warren Buffett's longtime business partner
Charlie Munger