Investment Vehicles
This investment vehicle provides more flexibility and allows one to buy and sell investments.
Brokerage
What gives small investors access to professionally managed portfolios?
Mutual Funds
What are the three accounts (buckets) can you use to pay yourself first?
Emergency Account
Short-Term Account
Wealth-Building
What are the three investment vehicles?
Annuities, Advisory Accounts, and Brokerage
Is it safer to invest with several smaller support lines or one large support line?
Breaking up your investment across several smaller support lines is safer than making one large investment.
Which account can be used for repairs, bills, or unexpected expenses?
Emergency Account
Which vehicle is designed for stability and often used for income planning?
Annuities
How do you earn from a mutual fund? (Name at least two ways)
Dividend Income
Capital Gain Distributions
Growth in Share Value
This account is built of after-tax dollars, is non-deductible, and can be withdrawn at any time without taxing or penalty. Which account is it?
ROTH IRA
What do Advisory Accounts offer? (Provide at least two things)
Professionally managed accounts
Build bigger goals
More customized strategy
Why would someone choose Mutual Funds for their investment? (Provide at least two reasons)
Professional money management
Affordability
Growth Potential
What are some accounts found in the Wealth-Building bucket? (Provide at least two)
Roth IRA
401(k)
Investing
What is the goal of investment vehicles?
To invest your money in the right place(s).
Fund manager sells investment for more than they were purchased for, and now you get a percent of the profit. What fund earning type is this?
Capital Gain Distribution
What bucket is best for long-term investments or should be invested in early on for its' long-term benefits.
Wealth-Building Accounts: Roth IRA, 401(k), Investments